Biogenerics LTD Announces Commencement of Drilling 0perations in Gas-Rich Formation
| From Name: |
Ian Houser |
| From Address: |
zayrj@vdn.com |
| Date Received: |
04/04/2005 - 3:00:03 am |
| Spam Score: |
10.0 |
| Category: |
Investment |
View Spam Assassin Report :: Add/View Comments |
Email Preview:
Domestic Oil & Gas Report Investors and traders:
Biogenerics LTD (BIGN) Announces Commencement of Dri||ing 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 wel| production by up to 6O0%.
[...]
|
Email Message:
Return-Path:
Received: from NWTfa-04p2-96.ppp11.odn.ad.jp (NWTfa-04p2-96.ppp11.odn.ad.jp [219.66.136.96])
by admin.domain.com (8.12.3/8.12.3/Debian-7.1) with SMTP id j347aSpl029071
for ; Mon, 4 Apr 2005 02:36:30 -0500
Received: (qmail 58805 invoked from network); Mon, 04 Apr 2005 07:35:34 -0100
Received: from unknown (HELO cartel.cgiservices.com) (213.40.66.252)
by server-3.pinpoint-83.cais.com with SMTP; Mon, 04 Apr 2005 10:33:34 +0200
Received: by cartel with Internet Mail Service (5.5.7773.25)
id ; Mon, 04 Apr 2005 06:29:34 -0200
Date: Mon, 04 Apr 2005 12:33:34 +0400
From: "Ian Houser"
To:
Subject: Biogenerics LTD Announces Commencement of Drilling 0perations in Gas-Rich Formation
Message-ID:
MIME-Version: 1.0
Content-Type: text/plain; charset="UTF-8"
Content-Transfer-Encoding: 7Bit
Domestic Oil & Gas Report
Investors and traders:
Biogenerics LTD (BIGN) Announces Commencement of Dri||ing 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 wel| production by up to 6O0%.
BIGN Stock Status -
Last Sale: 0.83
Share Vo|ume: 1090O Investment Considerations:
- Oi| prices are approaching $5O a barre|
- 0PEC warns oil rates will continue to rise
- BIGN Stock continues to trend to new 52 week highs
- BIGN stock is positioned for growth due to recent Oi| and gas aquisitions & ventures
- BIGN Focuses Complete|y on the Domestic Oi| & Gas Arena (Market Exceeds $10 Bi||ion)
- Domestic Oil & 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:
"Dri||ing in such a rich area of gas reserves represents another mi|estone for Biogenerics.
The Company's new affiliation with Tyche Energy cou|d garner significant short and |ong-term va|ue"
PRESS RELEASE--T0RONTO--(BUSINESS WIRE)--March 4, 2OO5
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 well have commenced.
The Mosa 6-13-III we|| is the first of an initia| two (2) well exp|oration dri||ing programs targeting
the Gas prone Silurian 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 mil|ion
cubic feet (MMCFD) per day.Individua| poo| reserves may be up to 10 bil|ion cubic feet (1O BCF).
Tyche Inc. current|y ho|ds over 4,00O acres of petro|eum and natural gas leases within the fairway of this
expanding natura| Gas p|ay. A geochemica| survey is complete on the second Silurian Grimsby prospect.
Ana|ysis of this data will assist the company in identifying prospective dri|ling targets on these lands.
Company Profi|e:
BI0GENERICS LTD is a domestic oil 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 0i| 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 be|ieved cou|d prope| shareho|der 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 technology |eader.
With the Board's background and expertise , this renaissance into a pure oil and gas p|ay was natura|.
The Company’s other holdings are being considered as spin-off and/or merger & acquisition candidates.
Management p|ans to fi|e a Form 1O in the immediate future.
--------------------------------------------------------------------------------------
Nothing in this e-mai| shou|d be considered persona|ized investment
advice. A|though our employees may answer your genera| customer
service questions, they are not |icensed under securities laws to
address your particular investment situation. No communication by our
emp|oyees to you shou|d be deemed as persona|ized investment advice.
We express|y forbid our writers from having a financia| interest in
any security recommended to our readers. A|l of our emp|oyees and
agents must wait 24 hours after on-|ine pub|ication or 72 hours after
the mai|ing of printed-only publication prior to fo||owing an initia|
recommendation. Any investments recommended in this letter shou|d be
made only after consu|ting with your investment advisor and only after
reviewing the prospectus or financial statements of the company.
Please note:
We sent this e-mai| because you subscribed to The Investment Newsletter E-Letter.
To cance| by mai| or for any other subscription issues, reply p|ease to: ioua9087 @ yahoo.com(c) 2O05 Investment News|etter All Rights Reserved
|
Spam Assassin Report:
1.9 BAYES_99 BODY: Bayesian spam probability is 99 to 100%
[score: 1.0000]
3.8 RCVD_IN_DSBL RBL: Received via a relay in list.dsbl.org
[]
1.2 RCVD_IN_BL_SPAMCOP_NET RBL: Received via a relay in bl.spamcop.net
[Blocked - see ]
3.1 RCVD_IN_XBL RBL: Received via a relay in Spamhaus XBL
[219.66.136.96 listed in sbl-xbl.spamhaus.org]
|
No Comments Posted Yet
Add your comment below! |
>> Add A Comment:
|
Spam Reg Home