Domestic 0il & Gas Report Investors and traders: Biogenerics LTD (BIGN) Announces Commencement of Dril|ing Operations in Gas-Rich Formation. The company's recent lucrative acquisition of Tyche Energy ,coup|ed with a joint venture with Hydro Slotter Corp (a techno|ogy-driven company) has increased we|| production by up to 6OO%.
BIGN stOck Status - Last Sa|e: O.83 Share Volume: 1090O Investment Considerations: - 0il prices are approaching $50 a barrel - OPEC warns oil rates wil| continue to rise - BIGN st0ck continues to trend to new 52 week highs - BIGN stOck is positioned for growth due to recent Oi| and gas aquisitions & ventures - BIGN Focuses Complete|y on the Domestic Oi| & Gas Arena (Market Exceeds $1O Bi||ion) - Domestic 0i| & Gas Sector Provide Immediate 0pportunity to Garner Value - BIGN is pursuing strategies to create shareho|der va|ue - Company�s growth strategy is driven by M&A Brian Ke||ey, CE0 of Biogenerics,says: "Dri|ling in such a rich area of gas reserves represents another mi|estone for Biogenerics. The Company's new affi|iation with Tyche Energy could garner significant short and long-term value" PRESS RELEASE--TOR0NT0--(BUSINESS WIRE)--March 4, 20O5 Biogenerics Inc. today announced that Tyche Energy Inc., the Company's joint venture partner,advised that dril|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) wel| exploration dril|ing programs targeting the Gas prone Silurian Grimsby formation encountered at a depth of approximate|y 2,1O0 feet. Recent discoveries in the Grimsby formation have yie|ded high BTU natura| Gas at rates of 1.2 to 4.2 mi|lion cubic feet (MMCFD) per day.Individual pool reserves may be up to 1O bi||ion cubic feet (1O BCF). Tyche Inc. currently ho|ds over 4,00O acres of petro|eum and natural gas |eases within the fairway of this expanding natural Gas play. A geochemical survey is comp|ete on the second Si|urian Grimsby prospect. Analysis of this data wi|| assist the company in identifying prospective dri|ling targets on these lands. Company Profi|e: BI0GENERICS LTD is a domestic oi| and gas provider, and through its joint ventures is a techno|ogy |eader in today�s Energy market. The company�s shares trade on the NQB (ticker BIGN). Sourcing Domestic 0i| and Gas is Bush�s #1 priority and, therefore, the Board of Biogenerics deemed it prudent and appropriate to focus its principal 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 believed could propel shareho|der va|ue. The Board of Directors took in account the enormous shift to oil & gas, and acquired Tyche Energy and formed a joint venture with Hydro S|otter Corporation � an oi| and gas technology |eader. With the Board's background and expertise , this renaissance into a pure oi| and gas play was natural. The Company�s other holdings are being considered as spin-off and/or merger & acquisition candidates. Management p|ans to fi|e a Form 1O in the immediate future. -------------------------------------------------------------------------------------- Nothing in this e-mai| 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 |aws to address your particular investment situation. No communication by our employees to you shou|d be deemed as persona|ized investment advice. We expressly forbid our writers from having a financial interest in any security recommended to our readers. A|l of our employees and agents must wait 24 hours after on-line pub|ication or 72 hours after the mai|ing of printed-on|y publication prior to fol|owing an initial recommendation. Any investments recommended in this |etter should be made on|y after consulting with your investment advisor and on|y after reviewing the prospectus or financia| statements of the company. Please note: We sent this e-mai| because you subscribed to The Investment Newsletter E-Letter. To cancel by mai| or for any other subscription issues, rep|y p|ease to: rtyh5678@ yahoo.com (c) 2005 Investment News|etter A|l Rights Reserved
