OPEC warns oil rates will continue to rise

[Toby Taylor]

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
- Company’s 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 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 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 Company’s 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.

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