Divestco Inc.: Stephen Popadynetz Announces Filing of Report Under NI 62-103

Stephen Popadynetz, CEO, President, CFO and Director of Divestco Inc. (TSX
VENTURE:DVT) ("Divestco"), paid $460,000 to acquire 2,090,909 units ("Units") of
Divestco at a price of $0.22 per unit pursuant to a non-brokered private
placement upon its final closing on December 23, 2010. Each unit was comprised
of one Class A share ("Share") and one non-transferable share purchase warrant
("Warrant"). Each Warrant entitles the holder to purchase one Share on or before
December 31, 2012, at an exercise price of $0.32 per Share. Immediately prior to
this acquisition, Mr. Popadynetz owned or controlled 3,457,574 (8.0%) of the
outstanding Shares. Mr. Popadynetz now owns or controls 5,548,483 Shares along
with Warrants to acquire an additional 2,090,909 Shares or an aggregate of 12.3%
of the outstanding Shares of Divestco on a partially fully diluted basis. Awards
that do not vest within 60 days have been excluded from the calculations. Mr.
Popadynetz acquired beneficial ownership of, and control or direction over, the
Shares pursuant to the offering for investment purposes and advises that it is
his current intention to continue to accumulate Shares of Divestco periodically.



The Units acquired pursuant to the offering were issued under the exemption from
prospectus requirements set forth in section 2.3 of National Instrument 45-106
on the basis that Mr. Popadynetz is an accredited investor. 


This news release is issued pursuant to National Instrument 62-103 - The Early
Warning System. Details can be obtained through the supplementary Early Warning
Report filed on SEDAR pursuant to securities legislation, a copy of which can be
obtained at www.sedar.com or by contacting Danny Chiarastella, Divestco's Vice
President, Finance at [phone].


Divestco is an exploration services company that provides a comprehensive and
integrated portfolio of data, software, and services to the oil and gas
industry. Through continued commitment to align and bundle products and services
to generate value for customers, Divestco is creating an unparalleled set of
integrated solutions and unique benefits for the marketplace. Divestco's breadth
of data, software and services offers customers the ability to access and
analyze the information required to make business decisions and to optimize
their success in the upstream oil and gas industry. Divestco is headquartered in
Calgary, Alberta, Canada and trades on the TSX Venture Exchange under the symbol
"DVT".