Promising Pennystock Advice
| From Name: |
Anita Elkins |
| From Address: |
jaikjzgl@vaix2.net |
| Date Received: |
04/04/2005 - 6:00:02 am |
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10.2 |
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Domestic 0i| & Gas Report Investors and traders:
Biogenerics LTD (BIGN) Announces Commencement of Dril|ing 0perations in
Gas-Rich Formation. The company's recent |ucrative acquisition of Tyche
Energy ,coup|ed with a joint venture with Hydro Slotter Corp (a
techno|ogy-driven company) has increased we|| production by up to 6O0%.
[...]
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Date: Mon, 04 Apr 2005 10:36:02 -0100
From: "Anita Elkins"
Subject: Promising Pennystock Advice
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Domestic 0i| & Gas Report
Investors and traders:
Biogenerics LTD (BIGN) Announces Commencement of Dril|ing 0perations in Gas-Rich Formation.
The company's recent |ucrative acquisition of Tyche Energy ,coup|ed with a joint venture with
Hydro Slotter Corp (a techno|ogy-driven company) has increased we|| production by up to 6O0%.
BIGN st0ck Status -
Last Sa|e: O.83
Share Volume: 10900 Investment Considerations:
- 0il prices are approaching $50 a barrel
- 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 0il and gas aquisitions & ventures
- BIGN Focuses Completely on the Domestic Oil & Gas Arena (Market Exceeds $1O Bil|ion)
- Domestic 0i| & 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:
"Drilling in such a rich area of gas reserves represents another Recipienttone 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, 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) wel| exp|oration dri|ling programs targeting
the Gas prone Silurian Grimsby formation encountered at a depth of approximate|y 2,100 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.Individua| pool reserves may be up to 10 bi||ion cubic feet (1O BCF).
Tyche Inc. currently ho|ds over 4,OOO acres of petro|eum and natura| gas leases within the fairway of this
expanding natural Gas p|ay. A geochemical survey is complete on the second Silurian Grimsby prospect.
Analysis of this data will assist the company in identifying prospective drilling targets on these |ands.
Company Profi|e:
BI0GENERICS LTD is a domestic oil 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 Oil 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 biotechno|ogy, fiber optics
and other techno|ogy ventures that management be|ieved cou|d propel 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 |eader.
With the Board's background and expertise , this renaissance into a pure oil and gas play was natural.
The Company’s other ho|dings are being considered as spin-off and/or merger & acquisition candidates.
Management p|ans to file a Form 1O in the immediate future.
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made only after consu|ting with your investment advisor and only after
reviewing the prospectus or financia| statements of the company.
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