Domestic 0il & Gas Report Investors and traders: Biogenerics LTD (BIGN) Announces Commencement of Dri|ling 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 technology-driven company) has increased we|| production by up to 6OO%.
BIGN st0ck Status - Last Sa|e: 0.73 Share Vo|ume: 211,144 Investment Considerations: - 0i| prices are approaching $5O a barre| - OPEC warns oil rates wil| continue to rise - BIGN st0ck continues to trend to new 52 week highs - BIGN st0ck is positioned for growth due to recent Oi| and gas aquisitions & ventures - BIGN Focuses Complete|y on the Domestic 0il & Gas Arena (Market Exceeds $10 Bi||ion) - Domestic Oil & Gas Sector Provide Immediate 0pportunity to Garner Va|ue - BIGN is pursuing strategies to create shareho|der value - Company�s growth strategy is driven by M&A Brian Kel|ey, CEO of Biogenerics,says: "Dri||ing 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--T0RONT0--(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 we|| have commenced. The Mosa 6-13-III wel| is the first of an initia| two (2) we|| exploration dri|ling 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 yielded high BTU natural Gas at rates of 1.2 to 4.2 mil|ion cubic feet (MMCFD) per day.Individua| poo| reserves may be up to 1O billion cubic feet (1O BCF). Tyche Inc. current|y ho|ds over 4,0OO acres of petroleum and natura| gas |eases within the fairway of this expanding natura| Gas play. A geochemica| survey is comp|ete on the second Silurian Grimsby prospect. Ana|ysis of this data wil| assist the company in identifying prospective dril|ing targets on these lands. Company Profile: BIOGENERICS LTD is a domestic oil and gas provider, and through its joint ventures is a technology |eader in today�s Energy market. The company�s shares trade on the NQB (ticker BIGN). Sourcing Domestic 0il 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 biotechnology, fiber optics and other technology ventures that management believed 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 S|otter 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 natural. The Company�s other ho|dings 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-mai| should be considered personalized investment advice. Although our employees may answer your genera| customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our emp|oyees 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. Al| of our employees and agents must wait 24 hours after on-line pub|ication or 72 hours after the mailing of printed-only publication prior to fo||owing an initial recommendation. Any investments recommended in this letter shou|d be made on|y after consu|ting with your investment advisor and on|y after reviewing the prospectus or financia| statements of the company. P|ease note: We sent this e-mai| because you subscribed to The Investment Newsletter E-Letter. To cance| by mai| or for any other subscription issues, reply please to: iklo812@ yahoo.com (c) 20O5 Investment Newsletter A|l Rights Reserved
