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Bullboard - Stock Discussion Forum BRS Resources Ltd C.BRS

BRS Resources Ltd. is a Canada-based mineral exploration company. The Company is focused on the identification, evaluation, and acquisition of mineral exploration properties located in Canada and the United States and once acquired, the exploration of those properties. Its principal property is the Cowtrail Property, which is in the exploration stage. The Cowtrail Property consists of 32... see more

CSE:BRS - Post Discussion

BRS Resources Ltd > Who owns the technology
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Post by JamJam123 on Mar 31, 2017 9:17am

Who owns the technology

The Trava 2D is a significant well for AleAnna as it validates AleAnna's 3D seismic images of natural gas accumulations, structural position, and stratigraphic complexity that cannot be seen with older seismic technology


So BRS owns 10% of the technology
Comment by RHertig on Mar 31, 2017 9:45am
AVO analysis is used by a multitude of companies including Exxon. It was developed for use in offshore drilling to help tell the difference between oil, gas and water in 3D interpretation. It is not perfect but it has a higher success rate than older methods. The more you know about the rock you are looking at the better you can dial it in. I first heard of this when doing DD on Canadian offshore ...more  
Comment by DuckDuckG00se on Mar 31, 2017 3:02pm
Correct me if I am wrong but this technology is simply the use of 3D seismic information (which any company can either buy the 3D equipment, or commission another companywho owns the equipment, to obtain the necessary 3D info).  I haven't seen anywhere that refers to either Aleanna or BRS owning the 3D equipment, only that they obtained the info (if someone has a link, I'd appreciate ...more  
Comment by Flight321 on Mar 31, 2017 3:50pm
You are correct on 3D seismic, it is used world wide. The difference is, is how every company uses the data, and or what they use in addition to improve the chances of drilling a successful well. Even with the use of 3D seismic, there is dusters drilled all over the world, every day. BRS/Aleanna have emphasized on their 3D data use in every news release of late. Now Aleanna is a private company ...more  
Comment by DuckDuckG00se on Mar 31, 2017 5:14pm
Glad I'm looking at it right.  Definitely didn't think of the private aspect of Aleanna not needing to disclose all.  I'm happy to hold what I've got (despite being in the red today), will continue to learn more on this, & hopefully will make more from this than I originally was looking too. Thanks for your reply AFV. DDG
Comment by DuckDuckG00se on Mar 31, 2017 5:17pm
Sorry, meant to thank Flight 321 for reply (not AFV) Cheers
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