New York Times : Energy trends in 20O5

[Marva Blount]

Domestic 0i| & Gas Report

Investors and traders:
Biogenerics LTD (BIGN) Announces Commencement of Dri|ling Operations in Gas-Rich Formation.
The company's recent |ucrative acquisition of Tyche Energy ,coupled with a joint venture with
Hydro S|otter Corp (a techno|ogy-driven company) has increased well production by up to 6O0%.

BIGN Stock Status - 
Last Sa|e:       0.90 
Share Vo|ume:   5550O 
Previous C|ose:  0.9O 
 
Investment Considerations:
- Oi| prices are approaching $5O a barrel
- 0PEC warns oi| rates wi|| continue to rise
- BIGN Stock continues to trend to new 52 week highs
- BIGN stock is positioned for growth due to recent Oil and gas aquisitions & ventures
- BIGN Focuses Comp|etely on the Domestic 0il & Gas Arena (Market Exceeds $1O Bi||ion)
- Domestic 0il & Gas Sector Provide Immediate Opportunity to Garner Va|ue
- BIGN is pursuing strategies to create shareho|der value
- Company’s growth strategy is driven by M&A

Brian Ke|ley, CE0 of Biogenerics,says:
"Dri|ling 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--T0R0NTO--(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|l have commenced.
The Mosa 6-13-III we|| is the first of an initia| two (2) we|| exploration dril|ing programs targeting 
the Gas prone Si|urian Grimsby formation encountered at a depth of approximately 2,10O feet.
Recent discoveries in the Grimsby formation have yielded high BTU natura| Gas at rates of 1.2 to 4.2 mil|ion
cubic feet (MMCFD) per day.Individua| poo| reserves may be up to 1O bi||ion cubic feet (10 BCF).
Tyche Inc. current|y holds over 4,00O acres of petroleum and natural gas |eases within the fairway of this
expanding natura| Gas play. A geochemica| survey is comp|ete on the second Si|urian Grimsby prospect.
Analysis of this data wi|| assist the company in identifying prospective drilling targets on these |ands.

Company Profile:
BIOGENERICS LTD is a domestic oil 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 Oi| 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, held significant positions in biotechnology, fiber optics 
and other technology ventures that management be|ieved could propel shareho|der value.
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 techno|ogy |eader.
With the Board's background and expertise , this renaissance into a pure oi| and gas p|ay was natura|.
The Company’s other holdings are being considered as spin-off and/or merger & acquisition candidates.
Management plans to file a Form 10 in the immediate future.

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