BIGN.PK

[twodachsie]

Welcome back, SETRAVIS. Let's get this BIGN party started!   

[gmarc66]

News!

2005-11-30 12:21:37 
Biogenerics Limited Joint Venture Partner Hydroslotter Corporation Begins Work On Four Additional Gas Wells 

>
TORONTO, Nov. 30, 2005 (PRIMEZONE) -- Biogenerics Limited (Pink Sheets:BIGN)
confirms that its joint venture partner Hydroslotter Corporation is now prepared
to begin the process of working over four additional gas wells on the Grimes,
California property.

On October 11, 2005, Biognerics Limited announced it had re-opened a well in
this same area that had been shut in for the past twenty-four years. In the
month of September, this well produced 14.4 million cubic feet of natural gas
(14,400MCF, which was sold for an average of $10.00 per MCF. Grimes continues to
produce strongly with low water production.

The four wells which are now targeted were chosen from a basket of 11 nearby
wells. The main geological and geophysical work on the target wells is
completed. Additionally, Biogenerics project managers have met with the rig
company and Schlumberger to establish the objectives and processes to be
initialized.

It is anticipated that a final technical review meeting will be held by
mid-December 2005 at which time a firm date or the workovers will be decided.
The workovers are tentatively scheduled back-to-back from January 8th to January
22nd, 2006. Each workover will require three days, with two days of slotting and
one day in between to re-rig the drilling apparatus.

Paul Smith, senior VP of Biogenerics Limited stated that, "Each of the four
wells identified should produce as well, if not exceed the production rate, of
the first Grimes well."

Smith further states, "In addition to the anticipated production from these
re-works, it will demonstrate the company's organization and flexibility to
manage multiple workovers successfully."

Hydroslotter is equally excited about the potential that their technology
provides. There continues to be hundreds of thousands of shut in wells that
indicate the same potential as the four wells in this program.

Biogenerics is a diversified investment venture capital firm focused on
exploiting and distributing domestic oil and gas reserves. Biogenerics has oil
and gas assets acquired from Rubicon Petroleum. Biogenerics also has joint
venture activities with Tyche Energy, Hydroslotter Corporation and WW Energy
Inc.

About Hydroslotter Corporation

Hydroslotter Corporation's proprietary technology deemed "hydroslotting"
increases oil and gas production and extends the commercial productivity of oil
and gas wells by 300 to 600 percent.

[twodachsie]

Thanks for the news, Julia. She seems to be holding steady today ... come on, BIGN! 

[twodachsie]

See today's news at http://www.3stocksonfire.org/trading/index.php?topic=3837.msg35894#msg35894

[la-onda]

Biogenerics Limited Announces Acquisition of Additional Johnson Anticline Acreage in the Highly Prospective San Juan Basin
Friday December 2, 5:12 pm ET

FARMINGTON, N.M., Dec. 2, 2005 (PRIMEZONE) -- Biogenerics Limited, (Other OTC:BIGN.PK - News) announced today that subsidiary company, WW Oil & Gas, Inc., has completed the acquisition of an additional 320 acre leasehold interest in the Johnson Anticline structure of the oil and gas rich San Juan Basin. The new acquisition doubles the 320 acres currently held to a total of 640 acres under control as part of the Company's Johnson Anticline oil and gas exploitation project.

The newly leased property contains a well drilled circa 1975 that encountered oil in five (5) separate formations from depths of 2,000 to 6,000 feet. In 1975 the price of oil was between $8 and $9 a barrel. With the price of San Juan Basin Sweet Crude now at nearly $60 per barrel, management believes that at least two (2) of the shallow formations (the Mesaverde and the Gallup formations) could potentially be capable of commercial production.

On an adjoining lease located on the flank of the Johnson Anticline structure, a well was completed in the shallow sands of the Mesaverde formation. That well had an initial flow rate of 119 BOPD with no artificial stimulation, and produced over twenty-seven thousand barrels of oil (27,000 + BO) during its production span. Therefore, it is management's belief that the new leasehold acreage, which is positioned directly over the Johnson Anticline, appears to contain a large proved, but underdeveloped oil reserve in the Mesaverde formation.

The Johnson Anticline is located approximately two miles south of the Rio Puerco Field, a field that produces from natural fractures in the Gallup Sandstone. Another abandoned well which is located directly over the Johnson Anticline encountered severe lost circulation in an oil bearing sand in the Gallup. Due to this event, it is very likely that the sands in this region contain natural fractures, so that prolific production may be possible from the Gallup formation. In 1984, when the Rio Puerco Field was discovered, the Denver Post reported flow rates of between 50 to 320 barrels of oil an hour from nearby wells.

Three (3) miles south of the Johnson Anticline on the Media Dome structure, there has been historic oil production from the Mesaverde, Gallup and Entrada formations, with the Entrada producing over one million barrels of oil (1,000,000 + BO). The Entrada accumulation covered an area of approximately 141 acres (Oil and Gas Fields of the Four Corners Area, Vol. II, pgx. 410-412). Based on seismic data, the top of the Johnson Anticline structure covers 600 acres, so there could be over four million barrels of recoverable Entrada oil (4,000,000 + BO) on the top of Johnson Anticline.

Standard spacing for oil wells in New Mexico is 40 acres. The leases that WW Oil & Gas has the right to drill and earn have room for up to sixteen (16) oil wells. Drilling is planned as soon as the new lease becomes effective, a well is permitted, and the necessary rig is available to commence drilling.

WW Oil & Gas may drill and earn interests in roughly half of the land directly over the Johnson Anticline structure and has the opportunity to develop proved reserves.

news are out AH, chart:

[Stocky2000]

bign weekly....

[la-onda]

  :
http://www.twintrader.com/profile/bign/index.htm

[twodachsie]

Action looks to me like folks have been playing the channel btwn .028 and .032 these past few days. I'm thinking January 8-22 we'll be seeing some real action.

[twodachsie]

We have some news!   ;)Biogenerics and WW Oil & Gas Receive Green Light to Commence Drilling Right Angle Play 
12/6/2005 9:19:05 AM 
FARMINGTON, N.M., Dec 6, 2005 (PRIMEZONE via COMTEX) -- Biogenerics Limited (Pink Sheets:BIGN) and its subsidiary company, WW Oil & Gas, Inc., today announced the receipt of final permitting from the Bureau of Land Management (BLM) to commence drilling on the Company's "Right Angle" oil and gas exploitation project. Commenting on the news, Paul Smith, Biogenerics Senior VP of Engineering, stated, "The timing for these approvals couldn't have come at a better time as we are presently in final negotiations with our funding partners on this project. With final permitting now in hand, we are now ready to hit the ground running on this highly promising prospect, as soon as drilling funds are made available to move forward."

The Company's Right Angle oil and gas exploitation play is located in the highly prospective San Juan Basin of Northwest New Mexico, with a primary objective of entering the Jurassic Entrada Sandstone formation. During the late 70's, the first well to discover oil in the Jurassic Entrada sand dune led to over 2,000 square miles of seismic data encompassing 200 + sand dunes in the Entrada. According to Vincelette and Chittum in their AAPG paper entitled "Exploration for Oil Accumulations in the Entrada Sandstone, San Juan Basin, New Mexico," that first well, which is located within one mile of the Company's leasehold interest, encountered a 24-foot zone of oil saturated Entrada Sandstone.

Standard spacing for oil wells in New Mexico is 40 acres. The Right Angle leasehold interest that Biogenerics and WW Oil & Gas control and hold an earn-out option to has room for up to twelve (12) wells.

Additional information available at: http://www.bignltd.com.

About Biogenerics Limited

Biogenerics is a diversified investment venture capital firm focused on exploiting and distributing domestic oil and gas reserves. Biogenerics also has joint venture activities with Tyche Energy, Hydroslotter Corporation and WW Energy Inc.

About WW Oil & Gas Inc.

WW Oil & Gas Inc., a subsidiary company of Biogenerics is in the business of acquiring leases and oil and gas related assets. Such acquisitions are for the purpose of development, exploration, and exploitation. Currently, there are 3 leases under agreement for exploitation. Comprehensive drilling programs are being developed for full exploitation of these properties.

About Hydroslotter Corporation

Hydroslotter Corporation's proprietary technology deemed "hydroslotting" increases oil and gas production and extends commercial productivity of oil and gas by 300% to 600%.

Forward-Looking Statements:

This press release contains "forward-looking statements" within the meaning of the US Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations, estimates and projections that involve a number of risks and uncertainties, which could cause actual results to differ materially from those reflected in the statements. Information on the factors which could affect the Company's operations or financial results are included in the Company's reports on file with Canadian securities regulatory authorities and the United States Securities and Exchange Commission. Forward-looking statements are based on the estimates and opinions of the Company's management at the time the statements are made. The Company assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change.

This news release was distributed by PrimeZone, www.primezone.com

SOURCE: Biogenerics Limited

Biogenerics Limited
Dale Boyd
Investor Relations
(905) 714-9422
www.bignltd.com


(C) 2005 PRIMEZONE, All rights reserved.

[Kublakhan]

Lots of news lately but still a general decline of pps over the last 5 days.

[twodachsie]

Not to worry, Kublakhan. The price seems to be fluctuating within the range of .026 to .032 most recently. I think investors are playing the "channel," to make some money while waiting for results, i.e., oil and profits. Most of the news to date has been about obtaining financing, land, and permits ... all setting up for the promise of ROI. I'm hoping patience will pay off with this one. 

[Kublakhan]

Another PR from BIGN today.  I hope this part is true:

"We have literally been inundated with requests for information from parties in control of oil and gas properties having either capped, abandoned or shut in wells that could be brought back online to commercial production with our Hydroslotter enhancement technology."

TORONTO, Dec. 7, 2005 (PRIMEZONE) -- Biogenerics Limited (Other OTC:BIGN.PK - News) today announced plans for the development of a new Client Management division to coordinate and manage joint venture oil and gas opportunities for both non-affiliated energy companies and third party land owners.

Recent success and news regarding the Company's highly effective Hydroslotter recovery enhancement technology, which can improve production rates from 300% to 600%, has prompted a high level of interest from numerous third party oil and gas asset holders interested in teaming up with Biogenerics Limited to launch new petroleum exploitation projects.

Biogenerics Executive VP, Paul Smith, stated, ``We have literally been inundated with requests for information from parties in control of oil and gas properties having either capped, abandoned or shut in wells that could be brought back online to commercial production with our Hydroslotter enhancement technology. With so many new opportunities to review, the establishment of a Client Management division is now a must to properly evaluate and determine which projects we will be moving forward with, and most importantly, which can add the most value to Biogenerics. We look forward to reporting on a number of new joint venture projects in the near future as that news becomes available to release.''

About Biogenerics Limited

Biogenerics is a diversified investment venture capital firm focused on exploiting and distributing domestic oil and gas reserves. Biogenerics also has joint venture activities with Tyche Energy, Hydroslotter Corporation and WW Energy Inc.

About Hydroslotter Corporation

Hydroslotter Corporation's proprietary technology deemed ``hydroslotting'' increases oil and gas production and extends commercial productivity of oil and gas by 300% to 600%.

Forward-Looking Statements:

This press release contains ``forward-looking statements'' within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations, estimates and projections that involve a number of risks and uncertainties, which could cause actual results to differ materially from those reflected in the statements. Information on the factors which could affect the Company's operations or financial results are included in the Company's reports on file with Canadian securities regulatory authorities and the United States Securities and Exchange Commission. Forward-looking statements are based on the estimates and opinions of the Company's management at the time the statements are made. The Company assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change.


Contact:

          Biogenerics Limited
          Dale Boyd
          Investor Relations
          (905) 714-9422
          www.bignltd.com

[setravis]

Did someone call off the BIGN Party, without sending me an RSVP?

[gmarc66]

I'm still waiting for the party to get started

Maybe this news will help for next week..came out after hours today.

2005-12-09 16:31:11 
Biogenerics Ltd. Announces Spin-Off of Tyche Energy Division and Stock Gift 

TORONTO, Dec. 9, 2005 (PRIMEZONE) -- Biogenerics Limited (Pink Sheets:BIGN) and
Tyche Energy, Inc., jointly announced today their plans to spin-off Biogenerics'
subsidiary company, Tyche Energy, Inc.

In a special meeting held today, the board of directors of Biogenerics
unanimously passed a resolution to issue and gift up to 10% of the outstanding
common shares of Tyche to shareholders of Biogenerics Limited.

Biogenerics shareholders of record as of the close of business on Tuesday,
December 20, 2005 will qualify for the pro rata gift of Tyche Energy shares.
Biogenerics' board of directors plan to hold a subsequent meeting to finalize
the gift date, and confirm the number of shares to be gifted per each share of
Biogenerics stock held as of the record date.

Tyche Energy, which Biogenerics currently holds an ownership position of 37.5%,
is a London, Ontario based oil and gas P & E company operating exploration
projects in and around the Appalachian Basin of Ontario, Canada. Tyche Energy is
developing its nearly 20,000 acre portfolio of varying working interest property
rights in conjunction with several partner companies including Veteran
Resources, Inc., and Talisman Energy, Inc., (TLM) presently an $18.5 billion
market cap company trading on the New York Stock Exchange.

In addition to its present and scheduled exploration projects, Tyche Energy
recently signed a Memorandum of Understanding (MOU) with Productive Geoscience
to add a state-of-the-art seismic petroleum resource detection technology named
N2Vision to its service portfolio.

[setravis]

My take on it....With the news that Julia has posted, that came out after market close.
May be the Party starts Monday.

Flag, Pennant (Continuation) Pattern
Flags and Pennants are short-term continuation patterns that mark a small consolidation before the previous move resumes. These patterns are usually preceded by a sharp advance or decline with heavy volume, and mark a mid-point of the move.

Even though flags and pennants are common formations, identification guidelines should not be taken lightly. It is important that flags and pennants are preceded by a sharp advance or decline. Without a sharp move, the reliability of the formation becomes questionable and trading could carry added risk. Look for volume confirmation on the initial move, consolidation and resumption to augment the robustness of pattern identification.

Duration: Flags and pennants are short-term patterns that can last from 1 to 12 weeks. There is some debate on the timeframe and some consider 8 weeks to be pushing the limits for a reliable pattern. Ideally, these patterns will form between 1 and 4 weeks. Once a flag becomes more than 12 weeks old, it would be classified as a rectangle. A pennant more than 12 weeks old would turn into a symmetrical triangle. The reliability of patterns that fall between 8 and 12 weeks is debatable.