Divestco Announces Private Placement of Units

DIVESTCO INC. (TSX VENTURE:DVT) ("Divestco" or the "Corporation"), is pleased to
announce that the previously announced offering of up to 10,500,000 units
("Units") for gross proceeds of up to $2,310,000.00 at a price of $0.22 per Unit
is over subscribed. Each Unit will be comprised of one Class A share of Divestco
(the "Share") and one non-transferable share purchase warrant ("Warrant") and
each Warrant will entitle the holder to purchase one Share on or before December
31, 2012 at an exercise price of $0.32 per Share. Each subscriber is required to
subscribe for at least 454,546 Units for a minimum subscription of $100,000.12.
Divestco is seeking approval from the TSXV to increase the offering. The Units
will be issued pursuant to prospectus exemptions and will have a four month hold
period. Closing is scheduled for December 23 and it is expected that employees,
directors and officers will subscribe for a significant portion of the offering.
Interested parties are invited to contact Stephen Popadynetz to obtain
Subscription Agreements.


About Divestco Inc.

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 will trade on the TSX Venture Exchange under the
symbol "DVT".


Statements in this document that may be considered forward-looking are based on
management's current expectations that involve a number of risks and
uncertainties, which could cause actual results to differ from those
anticipated.