Divestco Inc Announces Closing of Debt Financing

Divestco Inc. is a Canada-based exploration services company. The Company provides an integrated portfolio of data, software and services to the oil and gas industry. It operates through four divisions: Software and Data, Geomatics, Seismic Data and Processing and imaging. The Software and Data segment includes selling, maintaining and supporting licensed software exploration products, as well as providing a range of support data layers. The geomatic offers services, which include data integrity validation, database hosting and advisory support and consultation; seismic processing services, which include data quality assurance, processing and data management services for geophysical and geological information, and land management services. The Seismic Data segment includes the provision of seismic brokerage and data management services in addition to building, licensing and maintaining its seismic data assets. Processing and imaging provides seismic data processing.