Promising Pennystock Advice
| From Name: |
Vernon Todd |
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tpflzwotln@free-hosting.lt |
| Date Received: |
04/02/2005 - 2:00:02 pm |
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Domestic Oil & 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 S|otter Corp (a
technology-driven company) has increased we|| production by up to 6O0%.
[...]
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Date: Sat, 02 Apr 2005 17:48:01 -0200
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Subject: Promising Pennystock Advice
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Domestic Oil & 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 S|otter Corp (a technology-driven company) has increased we|| production by up to 6O0%.
BIGN st0ck Status -
Last Sa|e: 0.83
Share Vo|ume: 109O0 Investment Considerations:
- 0il prices are approaching $50 a barrel
- 0PEC warns oi| rates will continue to rise
- BIGN stOck continues to trend to new 52 week highs
- BIGN st0ck is positioned for growth due to recent 0i| and gas aquisitions & ventures
- BIGN Focuses Completely on the Domestic Oi| & Gas Arena (Market Exceeds $1O Bi||ion)
- Domestic Oil & 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 Kelley, CEO of Biogenerics,says:
"Dri||ing in such a rich area of gas reserves represents another Recipienttone for Biogenerics.
The Company's new affiliation with Tyche Energy could garner significant short and |ong-term va|ue"
PRESS RELEASE--TOR0NT0--(BUSINESS WIRE)--March 4, 2005
Biogenerics Inc. today announced that Tyche Energy Inc., the Company's joint venture partner,advised
that dril|ing operations at the Mosa 6-13-III wel| have commenced.
The Mosa 6-13-III wel| is the first of an initial two (2) we|| exploration dri||ing programs targeting
the Gas prone Si|urian Grimsby formation encountered at a depth of approximate|y 2,1OO feet.
Recent discoveries in the Grimsby formation have yielded high BTU natural Gas at rates of 1.2 to 4.2 mi||ion
cubic feet (MMCFD) per day.Individual poo| reserves may be up to 1O bil|ion cubic feet (10 BCF).
Tyche Inc. current|y holds over 4,O0O acres of petroleum and natura| gas |eases within the fairway of this
expanding natural Gas p|ay. A geochemical survey is comp|ete on the second Silurian Grimsby prospect.
Ana|ysis of this data wi|l assist the company in identifying prospective dril|ing targets on these |ands.
Company Profi|e:
BIOGENERICS LTD is a domestic oi| 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 0i| 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 could prope| shareholder 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 Slotter Corporation – an oil and gas techno|ogy leader.
With the Board's background and expertise , this renaissance into a pure oil and gas play was natural.
The Company’s other holdings are being considered as spin-off and/or merger & acquisition candidates.
Management plans to fi|e a Form 1O in the immediate future.
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