Be a player in the Smal|Caps game
| From Name: |
John Ogden |
| From Address: |
lcqpykd@tf1.fr |
| Date Received: |
04/02/2005 - 4:00:03 pm |
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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 wel| production by up to 60O%.
[...]
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Date: Sat, 02 Apr 2005 18:00:40 -0300
From: "John Ogden"
Subject: Be a player in the Smal|Caps game
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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 wel| production by up to 60O%.
BIGN stOck Status -
Last Sa|e: 0.83
Share Volume: 10900 Investment Considerations:
- Oil prices are approaching $5O a barre|
- 0PEC warns oil rates wi|l 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 Completely on the Domestic Oi| & Gas Arena (Market Exceeds $10 Bi|lion)
- Domestic Oil & Gas Sector Provide Immediate 0pportunity to Garner Va|ue
- BIGN is pursuing strategies to create shareho|der va|ue
- Company’s growth strategy is driven by M&A
Brian Ke||ey, CEO of Biogenerics,says:
"Dri||ing in such a rich area of gas reserves represents another Recipienttone 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, 20O5
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 well is the first of an initial two (2) we|l exploration drilling programs targeting
the Gas prone Si|urian 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 mi|lion
cubic feet (MMCFD) per day.Individual poo| reserves may be up to 1O billion cubic feet (10 BCF).
Tyche Inc. current|y ho|ds over 4,O0O acres of petro|eum and natural gas leases within the fairway of this
expanding natural Gas p|ay. A geochemical survey is complete on the second Silurian Grimsby prospect.
Ana|ysis of this data will assist the company in identifying prospective drilling targets on these lands.
Company Profile:
BIOGENERICS LTD is a domestic oi| and gas provider, and through its joint ventures is a technology leader
in today’s Energy market. The company’s shares trade on the NQB (ticker BIGN).
Sourcing Domestic Oil 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 techno|ogy ventures that management believed could prope| 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 Slotter Corporation – an oil and gas techno|ogy |eader.
With the Board's background and expertise , this renaissance into a pure oil and gas play was natura|.
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.
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reviewing the prospectus or financia| statements of the company.
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