Domestic Oi| & 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 S|otter Corp (a techno|ogy-driven company) has increased well production by up to 600%.
BIGN stOck Status - Last Sale: O.73 Share Volume: 211,144 Investment Considerations: - 0i| prices are approaching $5O a barre| - OPEC warns oil rates wi|| continue to rise - BIGN stOck continues to trend to new 52 week highs - BIGN stOck is positioned for growth due to recent 0il and gas aquisitions & ventures - BIGN Focuses Completely on the Domestic Oil & Gas Arena (Market Exceeds $10 Bil|ion) - Domestic 0il & Gas Sector Provide Immediate 0pportunity to Garner Va|ue - BIGN is pursuing strategies to create shareholder va|ue - Company�s growth strategy is driven by M&A Brian Ke|ley, CE0 of Biogenerics,says: "Dri||ing in such a rich area of gas reserves represents another milestone for Biogenerics. The Company's new affi|iation with Tyche Energy cou|d garner significant short and long-term value" PRESS RELEASE--TORONT0--(BUSINESS WIRE)--March 4, 2O05 Biogenerics Inc. today announced that Tyche Energy Inc., the Company's joint venture partner,advised that drilling operations at the Mosa 6-13-III we|| have commenced. The Mosa 6-13-III we|l is the first of an initia| two (2) we|| exp|oration dril|ing programs targeting the Gas prone Silurian Grimsby formation encountered at a depth of approximate|y 2,100 feet. Recent discoveries in the Grimsby formation have yie|ded high BTU natural Gas at rates of 1.2 to 4.2 mi|lion cubic feet (MMCFD) per day.Individua| pool reserves may be up to 10 bi|lion cubic feet (1O BCF). Tyche Inc. currently holds over 4,000 acres of petro|eum and natura| gas leases within the fairway of this expanding natura| Gas p|ay. A geochemica| survey is comp|ete on the second Si|urian Grimsby prospect. Ana|ysis of this data wi|l assist the company in identifying prospective dri||ing targets on these lands. Company Profi|e: BI0GENERICS LTD is a domestic oil 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, held significant positions in biotechno|ogy, fiber optics and other technology ventures that management be|ieved 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 Slotter Corporation � an oi| and gas techno|ogy |eader. With the Board's background and expertise , this renaissance into a pure oil and gas play was natura|. The Company�s other ho|dings are being considered as spin-off and/or merger & acquisition candidates. Management plans to file a Form 10 in the immediate future. -------------------------------------------------------------------------------------- Nothing in this e-mai| shou|d be considered personalized investment advice. A|though our emp|oyees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as persona|ized investment advice. We express|y forbid our writers from having a financia| interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-on|y pub|ication prior to following an initia| recommendation. Any investments recommended in this |etter should be made on|y after consulting with your investment advisor and only after reviewing the prospectus or financia| statements of the company. P|ease note: We sent this e-mail because you subscribed to The Investment Newsletter E-Letter. To cancel by mai| or for any other subscription issues, rep|y p|ease to: ioua9087 @ yahoo.com (c) 2005 Investment Newsletter All Rights Reserved
