Advertisement

Vialogy moves to protect IP

Vialogy rose strongly after completing patent filings for its seismic data technology in nine key energy markets.

Vialogy rose strongly after completing patent filings for its seismic data technology in nine key energy markets.

The firm said the filings for QuantumRD , which interprets core seismic data for the oil and gas industry, would protect its intellectual property ahead of expanded use in countries like India.

"Enforceable coverage in specific national markets is essential because the laws of the country where the technology is used have legal precedence over the technology's country of origin," the company said.

Advertisement - Article continues below

"The filings cover QuantumRD use in conventional sandstone reservoirs, carbonates and nonconventional shale oil/gas plays for both onshore and offshore use."

The nine countries are Brazil, China, Russia, India, Canada, Mexico, Qatar, Bahrain and Israel.

Vialogy has also made preliminary filings for the technology in the European region, covering 38 countries signed up to the European Patent Convention.

The companies shares were up 5.9% after an hour of trading on Monday.

Advertisement
Advertisement

Recommended

Broker safety – your questions answered
Investment strategy

Broker safety – your questions answered

Cris Sholto Heaton answers more of your questions about the safety of stockbroker accounts
25 Mar 2020
How demographics affects stock valuations
Investment strategy

How demographics affects stock valuations

New research suggests that stock and bond valuations are driven by the age of the population – at least in the US.
24 Feb 2020
Do you own shares in Sirius Minerals? Here’s what you need to do now
Stocks and shares

Do you own shares in Sirius Minerals? Here’s what you need to do now

Mining giant Anglo American has proposed a cash takeover of Yorkshire-based minnow Sirius Minerals. Unhappy shareholders must decide whether to accept…
20 Feb 2020
Why investors should be “cautiously bullish” for 2020
Stockmarkets

Why investors should be “cautiously bullish” for 2020

Analysts have been out in force making rosy predictions for stockmarkets in 2020, but while there is certainly a case for optimism, investors should r…
17 Jan 2020

Most Popular

What gold, bonds and tech stocks have in common
Stockmarkets

What gold, bonds and tech stocks have in common

"Risk off" or "safe haven" assets such as gold and government bonds have been doing well lately. But so have riskier tech stocks. That seems to defy c…
10 Jul 2020
An economics lesson from my barber
Inflation

An economics lesson from my barber

On reopening his shop after lockdown, Dominic Frisby’s barber doubled his prices. It’s all part of the post-Covid inflation process – and we’re going …
8 Jul 2020
Share tips of the week
Share tips

Share tips of the week

MoneyWeek’s comprehensive guide to the best of this week’s share tips from the rest of the UK's financial pages.
10 Jul 2020