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Oil & Gas Need We Say
More? |
Biogenerics
Inc.
Trading As: BiGN
Why
are so many companies scurrying to find the oil and gas?
Could this be
a major reason?
We found this in an analyst
report Saturday
And what happens when oil prices go to $80?
China changes everything.
Last year, China's oil
consumption soared 35% -- similar jumps are in the cards for at least
the next several years, something sure to keep oil prices
high.
Chart this company right now and you will understand why we
say,
Momentum & Price Alert
News was
released after the market close on Friday
WW Energy and Biogenerics Announce Details on Oil & Gas
Leases
Friday, June 3, 6:57 pm
ET
Joint Venture Issues Correction of Oil & Gas
Bearing Zones and Number of Leases Purchased from High Plains
Petroleum
(Go to yahoo financial and read this news before Monday's
open)
Reasons you will want to add
BiGN to your radar's now!
- BIGN announced the
formation of a joint venture with WW Energy Inc. to explore and
develop oil and gas leases in the state of New Mexico.
- BIGN's joint
venture partner, Tyche Energy Inc's.,drilling operations commenced at
the Mosa 6-13-III well. Recent discoveries in formation have yielded
natural gas at rates of 1.2 to 4.2 million cubic feet per
day.
- The Mosa 6-13-III
well is this first of an initial two (2) well exploration drilling
programs targeting the gas prone Silurian Grimsby formation.
- BIGN's and joint
venture partner, Tyche Energy Inc., suggest that in the Grimsby
formation individual pool reserves may be up to 10 billion cubic
feet.
- BIGN's joint
venture partner, Tyche currently holds over 4,000 acres of petroleum
and natural gas leases within the fairway of this expanding natural
gas play.
- BIGN has expanded
its joint ventures into Sacramento, California, with Hydro
Slotter
Corporation, focusing on exploiting and distributing domestic
gas reserves.
- Hydro Slotter
proprietary technology increased two Kansas wells production 600% and
300% respectively. (Amazing technology)
- Hydro slotter
technology increases yields from wells by the use of increased pressure
to help extract the natural gas. (getting more than normal
methods)
- Hydroslotter
Corporation has completed analysis of a well in California and the Joint
Venture will commence, utilizing the Hydro Slotting proprietary
technology to maximize well potential.
- Tyche Energy Inc,
the BIGN's joint venture partner, has completed an operating agreement
with Torque Energy Inc.
- Torque Energy Inc
currently has net daily production of approximately two hundred barrels
of oil equivalent from several oil and gas pools located in
Ontario.
- BIGN and Tyche
Energy Inc. have completed a second joint operating agreement with
Torque Energy Inc. to explore and develop Dunwich Prospect
lands.
- A recent analyst's
report indicated that oil prices could reach U.S.$105 per
barrel
- BIGN is committed
to aggressive growth.
MANAGEMENT AND OTHER COMMENTS:
On the joint venture
with Tyche, Biogenerics CEO, Brian Kelley, stated:".The Company's
affiliation with Tyche Energy, we contend, could garner significant short
and long-term value."
On the joint ventures, Gary Kelley, BIGN CEO,
stated, "It is our contention to continue to exploit the domestic oil and
gas market as a necessary fuel alternative for Canada and the U.S. With
the recent analyst's report indicating that oil prices could reach
U.S.$105 per barrel, we believe Biogenerics is poised for
prosperity."
Conclusion:
It doesn't take a
rocket scientist to figure out why Oil and Gas are major plays in the
markets these days. Tons of analysts are making predictions that boggle
ones mind. Scary at times. One thing we know for sure is that Oil and Gas
is a hot topic and for that reason we think its a good idea to watch BiGN
starting now. Chart this company and start watching Monday.
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____________________________________________________________________________________________________________________________
Disclaimer,
This email
was prepared based upon public information believed to be reliable. The
information contained herein is not guaranteed by us to be accurate, and
should not be considered to be all-inclusive. The company that we
discussed in this opinion has not approved the statements made in this
opinion. This opinion contains forward-looking statements that involve
risks and uncertainties. This material is for informational purposes only
and should not be construed as an offer or solicitation of an offer to buy
or sell securities. Be aware We are not a licensed broker, broker dealer,
market maker, investment banker, investment advisor, analyst or
underwriter. Please consult a broker before purchasing or selling any
securities mentioned herein. We have been compensated by a third party
shareholders or with cash from the company on behalf of one or more of the
companies mentioned in this opinion. GMCR is the third party. We have been
compensated three hundred thousand shares for advertising BIGN. We do
intend to sell all shares. In addition to any compensation mentioned
above, additional compensation can be equal to ten percent of any newly
issued or registered securities of the profiled companies. Our affiliates,
officers, directors and employees may also have bought or may buy the
shares discussed in this opinion and may profit in the event those shares
rise in value. We will not advise as to when it decides to sell and does
not and will not offer any opinion as to when others should sell; each
investor must make that decision based on his or her judgment
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