Divestco Inc.

Divestco Inc.

February 28, 2008 12:20 ET

Divestco Announces Departure of Todd Chuckry

CALGARY, ALBERTA--(Marketwire - Feb. 28, 2008) - DIVESTCO INC. (TSX:DVT) ("Divestco" or the "Corporation") announced that Todd A. Chuckry, President Divestco Limited Partnership, has left the Company to pursue other opportunities and has concurrently resigned from the Board of Directors. Mr. Chuckry was formerly President and CEO of BlueGrouse Seismic Solutions Inc. ("BlueGrouse") and was instrumental in the integration of BlueGrouse which closed by Plan of Arrangement with Divestco and 1286960 Alberta Ltd. on May 3, 2007.

Divestco is a growth-oriented company that provides a comprehensive and integrated portfolio of data, software, services and consulting to the oil and gas industry. Through continued commitment to align and bundle products and services to generate value for our customers, Divestco is creating an unparalleled set of integrated solutions and unique benefits for the marketplace. Divestco is headquartered in Calgary, Alberta, Canada and trades on the Toronto Stock Exchange under the symbol "DVT".

Contact Information

  • Divestco Inc.
    Mr. Roderick Chisholm
    Chief Financial Officer
    (403) 218-6450
    Website: www.divestco.com