Biogenerics Subsidiary Tyche Energy Inc. Targets Prolific Well In Southwest Ontario


TYLER, Texas, Feb. 2, 2007 (PRIME NEWSWIRE) -- Biogenerics Limited (Pink Sheets:BIGN) subsidiary Tyche Energy Inc. reports that the N2 vision seismic interpretation evaluation report has targeted a well that the Company expects will produce up to 5,000 mcf/gas per day. The well is located on Tyche Energy's Dunwich County Acreage in Southwest Ontario. Recent discoveries from the Grimsby formation nearby have resulted in proven gas reserves of up to 2.0 BCF per well.

Tyche Energy remains steadfast on its path to exploit demand for oil and gas on the North American continent. The Company expects to begin drilling of the targeted well located in Elgin County, Ontario in early February.

Website: 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 Inc. and Hydroslotter Corp.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are forward-looking statements are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties, or other factors which may cause actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. All information in this release is as of the date of this release. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.


            

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