Something like this will do:

Code:
$sFile="out.txt"
$fdFile=FreeFileHandle()

If Open($fdFile,$sFile)
"Cannot open file "+$sFile+" for reading!" ?
@ERROR ": " @SERROR ?
Else
$sLine=ReadLine($fdFile)
While Not @ERROR
$aData=Split($sLine)

"Date: "+$aData[0]+@CRLF
"Time: "+$aData[1]+@CRLF
"Logon: "+$aData[12]+@CRLF

$sLine=ReadLine($fdFile)
Loop
EndIf