– Divergent Energy Services Corp. (the "Corporation") announces
that it has entered into an agreement (the “Debt Settlement”) with MCM Consulting Inc. (“MCM”),
providing for the settlement of a debt (the "Debt") arising under a Trade Name and Trade-mark License
Agreement dated November 14, 2012 between MCM and Karlington Artificial Lift Ltd., a wholly-owned
subsidiary of the Corporation. The Debt, which is in the amount of approximately US$240,000, was
originally recorded and disclosed in the Corporation's financial statements as a contingent liability, but
the parties have agreed under the Debt Settlement that the Debt will be satisfied by the issue of 1,000,000
shares in the capital of the Corporation (the "Common Shares") to MCM. www.divergentenergyservices.com/upload/...-shares-for-debt.pdf