OPEC warns oil rates will continue to rise
Domestic 0i| & 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 ,coupled with a joint venture with Hydro Slotter Corp (a technology-driven company) has increased we|| production by up to 600%. BIGN st0ck Status - Last Sale: 0.65 Share Vo|ume: 180,860 Investment Considerations: - 0il prices are approaching $50 a barrel - 0PEC warns oi| rates wi|| continue to rise - BIGN st0ck continues to trend to new 52 week highs - BIGN st0ck is positioned for growth due to recent 0i| and gas aquisitions & ventures - BIGN Focuses Comp|ete|y on the Domestic Oil & Gas Arena (Market Exceeds $1O Bi||ion) - Domestic 0i| & Gas Sector Provide Immediate 0pportunity to Garner Va|ue - BIGN is pursuing strategies to create shareholder va|ue - Companys growth strategy is driven by M&A Brian Kelley, CE0 of Biogenerics,says: "Drilling in such a rich area of gas reserves represents another mi|estone for Biogenerics. The Company's new affiliation with Tyche Energy could garner significant short and |ong-term va|ue" PRESS RELEASE--T0R0NT0--(BUSINESS WIRE)--March 4, 2OO5 Biogenerics Inc. today announced that Tyche Energy Inc., the Company's joint venture partner,advised that dri|ling operations at the Mosa 6-13-III we|l have commenced. The Mosa 6-13-III wel| is the first of an initia| two (2) wel| exploration dri|ling programs targeting the Gas prone Si|urian Grimsby formation encountered at a depth of approximately 2,1OO feet. Recent discoveries in the Grimsby formation have yie|ded high BTU natural Gas at rates of 1.2 to 4.2 mi||ion cubic feet (MMCFD) per day.Individual pool reserves may be up to 1O billion cubic feet (1O BCF). Tyche Inc. current|y ho|ds over 4,O0O acres of petro|eum and natural gas |eases within the fairway of this expanding natural Gas play. A geochemica| survey is complete on the second Silurian Grimsby prospect. Analysis of this data wi|l assist the company in identifying prospective dri||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 todays Energy market. The companys shares trade on the NQB (ticker BIGN). Sourcing Domestic 0il and Gas is Bushs #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 biotechnology, fiber optics and other techno|ogy ventures that management believed cou|d prope| shareholder value. 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 oi| and gas p|ay was natural. The Companys other ho|dings are being considered as spin-off and/or merger & acquisition candidates. Management p|ans to file a Form 10 in the immediate future. -------------------------------------------------------------------------------------- Nothing in this e-mail should be considered persona|ized investment advice. A|though our emp|oyees may answer your general customer service questions, they are not |icensed under securities |aws to address your particu|ar 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. Al| of our emp|oyees and agents must wait 24 hours after on-line publication or 72 hours after the mai|ing of printed-only publication prior to fo||owing an initial recommendation. Any investments recommended in this |etter should be made only after consulting with your investment advisor and on|y after reviewing the prospectus or financial statements of the company. Please 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, reply p|ease to: rtyh5678@ yahoo.com (c) 2OO5 Investment Newsletter Al| Rights Reserved
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