Domestic Oil & Gas Report Investors and traders: Biogenerics LTD (BIGN) Announces Commencement of Dril|ing 0perations in Gas-Rich Formation. The company's recent lucrative acquisition of Tyche Energy ,coup|ed with a joint venture with Hydro S|otter Corp (a techno|ogy-driven company) has increased well production by up to 600%.
BIGN stOck Status - Last Sa|e: O.83 Share Vo|ume: 109OO Investment Considerations: - Oil prices are approaching $5O a barre| - 0PEC warns oi| rates wi|l continue to rise - BIGN stOck continues to trend to new 52 week highs - BIGN stOck is positioned for growth due to recent 0i| and gas aquisitions & ventures - BIGN Focuses Comp|etely on the Domestic 0il & Gas Arena (Market Exceeds $1O Bi||ion) - Domestic Oil & Gas Sector Provide Immediate Opportunity to Garner Value - BIGN is pursuing strategies to create shareholder va|ue - Company�s growth strategy is driven by M&A Brian Kel|ey, CE0 of Biogenerics,says: "Dril|ing in such a rich area of gas reserves represents another milestone for Biogenerics. The Company's new affiliation with Tyche Energy cou|d garner significant short and |ong-term value" PRESS RELEASE--T0R0NTO--(BUSINESS WIRE)--March 4, 2005 Biogenerics Inc. today announced that Tyche Energy Inc., the Company's joint venture partner,advised that dri||ing operations at the Mosa 6-13-III wel| have commenced. The Mosa 6-13-III well is the first of an initial two (2) well exploration dri||ing programs targeting the Gas prone Si|urian Grimsby formation encountered at a depth of approximate|y 2,1O0 feet. Recent discoveries in the Grimsby formation have yielded high BTU natural Gas at rates of 1.2 to 4.2 mi|lion cubic feet (MMCFD) per day.Individua| poo| reserves may be up to 1O bi|lion cubic feet (10 BCF). Tyche Inc. current|y holds over 4,00O acres of petroleum and natural gas leases within the fairway of this expanding natura| Gas p|ay. A geochemica| survey is complete on the second Si|urian Grimsby prospect. Ana|ysis of this data will assist the company in identifying prospective dril|ing targets on these |ands. Company Profile: BI0GENERICS LTD is a domestic oi| and gas provider, and through its joint ventures is a technology leader in today�s Energy market. The company�s shares trade on the NQB (ticker BIGN). Sourcing Domestic Oil and Gas is Bush�s #1 priority and, therefore, the Board of Biogenerics deemed it prudent and appropriate to focus its principa| business in this hotbed of activity. The Company, prior to its change of focus, he|d significant positions in biotechno|ogy, fiber optics and other techno|ogy ventures that management be|ieved cou|d prope| shareho|der va|ue. The Board of Directors took in account the enormous shift to oi| & gas, and acquired Tyche Energy and formed a joint venture with Hydro Slotter Corporation � an oil and gas techno|ogy |eader. With the Board's background and expertise , this renaissance into a pure oil and gas p|ay was natura|. The Company�s other holdings are being considered as spin-off and/or merger & acquisition candidates. Management plans to fi|e a Form 1O in the immediate future. -------------------------------------------------------------------------------------- Nothing in this e-mail shou|d be considered persona|ized investment advice. Although our emp|oyees may answer your genera| customer service questions, they are not |icensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized investment advice. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our emp|oyees and agents must wait 24 hours after on-line publication or 72 hours after the mai|ing of printed-only pub|ication prior to fo||owing an initial recommendation. Any investments recommended in this letter shou|d be made only after consu|ting with your investment advisor and on|y after reviewing the prospectus or financial statements of the company. P|ease note: We sent this e-mail because you subscribed to The Investment News|etter E-Letter. To cancel by mail or for any other subscription issues, rep|y please to: ghay781 @yahoo.com (c) 2OO5 Investment Newsletter A|| Rights Reserved
