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From: | Investor Plus |
Subject: | Investor Update |
Date: | Thu, 04 May 2006 00:29:11 -0600 |
STOCK
WATCH - OIL AND GAS COMPANY
DESCRIPTION Everyone knows that Oil &
Gas investments are the hottest thing around at the moment. With crude
floating at over $70 per barrel range, increased conflict in oil rich
regions, and ever escalating prices at the pump, it's safe to say that
where there's oil, there's money. The toughest question is; which oil and
gas play to pick? The answer is to go where the money goes, because the
money knows which oil and gas plays offer the most return for the least
dollar Biogenerics Limited is a diversified investment venture
capital firm and our shares are quoted on (OTC:BIGN); our principal business is focused on
exploiting and distributing domestic oil and gas reserves. The domestic
fuel market is presently estimated to exceed $10 billion. Biogenerics Ltd.
is the money that follows the most attractive oil and gas opportunities.
There focus is joint ventures with domestic oil and gas reserve companies
on joint ventures like Tyche Energy, Hydorslotter Corp. and WW Energy Inc.
MARKET
Sparked by the Company's recent
strategic milestones with Tyche Energy and its Charing Cross gas reserves
with Hydro Slotter Corp. and its enhanced oil recovery techniques, along
with a number of other opportunities that possess the potential to
generate immediate revenue in this arena, our goal is to maximize
investment value in the short term and enhance shareholders' equity in the
long-term. Biogenerics
Ltd. (OTC:BIGN) announces that Tyche Energy Inc. advises it
has completed construction of the production facilities and sales gas
pipeline at its Charring Cross property located in Harwich Township, Kent
County, Ontario. The production facilities process sour gas from the RPI#7
Harwich 1-1-18-IV WCR well and deliver sweet gas via a 2.1 kilometer sales
gas pipeline to a meter site tied into the Union Gas Limited pipeline
system. The RPI#7 well reached a
stabilized flow rate of 465 MCFD during the initial production test.
Production will commence at a rate of approximately 100 MCFD and will be
increased gradually to a daily rate of 200 MCF. Independent industry price
forecasts project the price of gas to average between CDN$11.65 and
$12.67/MCF in 2006. Biogenerics
Limited (OTC:BIGN) announced the location of its new head office,
which will be relocated to For more information on Biogenerics
Limited. (OTC:BIGN)
- CLICK HERE
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sources and there is no representation, warranty or guarantee of accuracy.
Speculation on share pricing was determined arbitrarily and may fluctuate.
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