Divestco Inc. - Class A V.DVT

Primary Symbol: DSVTF

Energy

Divestco Inc is the Canada-based exploration services company. The company is engaged in the development, designing and sales of geoscience solutions to Energy and Service companies. The company provides Software & Data, Seismic Processing, Geomatics Services, Seismic Data & Brokerage, and Land Services. The company operates in four business segments namely, Software and Data comprises of software exploration products and also provide full suite of support data layers; Services segment comprises of geomatics and processing; Seismic Data comprises of seismic brokerage and data management services which also contributes a major part of revenue and, Corporate and Other segment comprises of overall strategic consultant to companies. Most of its revenue is generated from the Canada market.

EXPM:DSVTF - Post by User

Divestco Inc. - Class A

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Comment by canonmp530on Mar 27, 2012 11:44am

243 Views

Post# 19722951

RE: RE: Strong Q4/ Stronger 2012

You should be working for a Howe Street Boiler room, you sound like all the calls I get.

Late in 2010, Divestco began rebuilding its seismic data library by initiating a 71-square-kilometre 3-D seismic survey, which was completed in early 2011.

The company also obtained the trading rights to an existing 3-D survey covering an adjacent area of 66 square kilometres through data exchange in the first quarter of 2011.

New 71km2 3D cost at best $9 Million / 25% = $2.25 Million per sale

Older 66km2 3D might bring in $2 Million per sale

A couple of sales per year at best library value is $10 Million at Best.

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