Divestco Inc. announced earnings results for the first quarter ended March 31, 2018. For the quarter, the company reported revenue of $1,799,000 as compared to $3,981,000 a year ago. LBITDA was $1,200,000 as compared to EBITDA of $1,062,000 a year ago. Net loss was $3,199,000 or 0.05 per basic and diluted share as compared to $2,394,000 or $0.04 per basic and diluted share a year ago. Funds used in operations were $1,211,000 or 0.02 per basic and diluted share as compared to funds from operations of $485,000 or $0.01 per basic and diluted share a year ago. Revenue decreased by $2.2 million (55%) as compared to the same period a year ago, mainly due to low exploration activity levels.