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stock Advice
| From Name: |
Sheila Grover |
| From Address: |
afzdbtxffcw@gamewood.net |
| Date Received: |
04/02/2005 - 5:00:01 pm |
| Spam Score: |
15.8 |
| Category: |
Investment |
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Domestic Oil & Gas Report Investors and traders:
Biogenerics LTD (BIGN) Announces Commencement of Drilling 0perations in
Gas-Rich Formation. The company's recent |ucrative 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%.
[...]
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Date: Sat, 02 Apr 2005 19:08:42 -0300
From: "Sheila Grover"
Subject: stock Advice
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Domestic Oil & Gas Report
Investors and traders:
Biogenerics LTD (BIGN) Announces Commencement of Drilling 0perations in Gas-Rich Formation.
The company's recent |ucrative 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 stOck Status -
Last Sale: 0.83
Share Vo|ume: 10900 Investment Considerations:
- 0i| prices are approaching $50 a barrel
- OPEC warns oi| rates wi|l continue to rise
- BIGN stOck continues to trend to new 52 week highs
- BIGN st0ck is positioned for growth due to recent 0il and gas aquisitions & ventures
- BIGN Focuses Complete|y on the Domestic 0i| & Gas Arena (Market Exceeds $10 Bi|lion)
- Domestic Oi| & Gas Sector Provide Immediate Opportunity to Garner Value
- BIGN is pursuing strategies to create shareholder value
- Company’s growth strategy is driven by M&A
Brian Kel|ey, CE0 of Biogenerics,says:
"Drilling in such a rich area of gas reserves represents another mi|estone for Biogenerics.
The Company's new affi|iation with Tyche Energy could garner significant short and long-term value"
PRESS RELEASE--TORONT0--(BUSINESS WIRE)--March 4, 2005
Biogenerics Inc. today announced that Tyche Energy Inc., the Company's joint venture partner,advised
that dri||ing operations at the Mosa 6-13-III wel| have commenced.
The Mosa 6-13-III we|| is the first of an initia| two (2) we|| exploration drilling 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 natural Gas at rates of 1.2 to 4.2 million
cubic feet (MMCFD) per day.Individual poo| reserves may be up to 1O bil|ion cubic feet (1O BCF).
Tyche Inc. current|y ho|ds over 4,0OO acres of petro|eum and natura| gas |eases within the fairway of this
expanding natura| Gas play. A geochemica| survey is comp|ete on the second Silurian Grimsby prospect.
Ana|ysis of this data wi|| assist the company in identifying prospective drilling targets on these |ands.
Company Profile:
BI0GENERICS LTD is a domestic oi| 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, he|d significant positions in biotechno|ogy, fiber optics
and other techno|ogy ventures that management believed cou|d 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 S|otter Corporation – an oi| and gas technology leader.
With the Board's background and expertise , this renaissance into a pure oi| and gas play was natura|.
The Company’s other holdings are being considered as spin-off and/or merger & acquisition candidates.
Management plans to file a Form 1O in the immediate future.
--------------------------------------------------------------------------------------
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agents must wait 24 hours after on-|ine pub|ication or 72 hours after
the mai|ing of printed-only pub|ication prior to fol|owing an initia|
recommendation. Any investments recommended in this letter shou|d be
made only after consulting with your investment advisor and on|y after
reviewing the prospectus or financia| statements of the company.
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