BRU 0.00% 7.9¢ buru energy limited

will we be informed of the wireline log interp, page-6

  1. 698 Posts.
    Well that's a surprise. I was really expecting to see BRU to announce pre-open this morning.

    Also, this thread has lead me to ask this question out of simple curiosity of those drillers amongst us: Presumably the people drilling the well get the results of the LWD tools and wireline logs, etc, but does this necessarily mean that they will be in a position to interpret these results? Are there normally people at on site who could make these interpretations and then make an informed decision on whether they would want to buy shares?

    And other question: Is there a possibility that the logs, etc can be transmitted to head office and not be interpreted on site so as to minimize the risk of insider trading?

    I'm just curious about this stuff, not theorizing. would be grateful for the input of anyone who has worked on a rig or who is familiar with the technology for data logging on oil rigs.
 
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