Diversified Oil and Gas Holdings (DVFI)

[Ajor1]

Hydroslotter

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2004.12.06 - Interview with Eric David newsletter
www.ericdavid.com
Eric David & Sons Interview
With Jean Claude Bonhomme Of Ontario Inc.
Eric David & Sons:
…EDS: What other companies are Biogenerics currently investing in and are there any other contracts in the works?
CB: There is a contract in the works that has not been made public yet. It is concerning a new technology to improve secondary recovery production in wells. It has been tested already and has been successful. Now we are going to elaborate further and develop more wells to prove that the technology does work in more than one location. We have tried it in California and Kansas and it worked. Now we are coming to New York to see if it will work there. If it does work then we know that we have something quite substantial…
Interview conducted by Kristin Huffner, an Independent Consultant for Eric David & Sons. November 29, 2004.
http://www.bignltd.com/pr/20041206.html

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CARSON CITY, Nev., Jan 13, 2005 (BUSINESS WIRE) -- Biogenerics Ltd. (NQB:BIGN), focused on exploiting and distributing domestic gas reserves, today announced that the Company has formed a strategic alliance with privately-held, Toronto-based Hydro Slotter Corporation (HSC). The joint venture will include Biogenerics receiving 50% of the profits derived from utilizing the company's hydro slotting proprietary technology. Past results are clearly an indicator of future performance in HSC's goal to exponentially raise the amount of oil and/or gas from wells. HSC's operations on two idle wells in Kansas (one oil and one gas) increased production 600% and 300% respectively.
Additionally, the E&P Technology of Shell Oil tested and experimented with HSC's technology. Shell's conclusion stated: We found that abrasive hydrojet slotting provides a controlled and precise flow between productive layers of the formation and the casing. We also found that it can create a larger flow path than can be achieved by jet perforation and that is more controllable than hydraulic fracturing." These findings were further validated by a study conducted by Stanford University's Department of Geophysics and the University of California at Berkeley.
"Increasing the production of existing oil and gas wells represents an enormous opportunity," stated Gary Kelley, President and CEO of Biogenerics. "By applying HSC's technology to suitable existing wells, Biogenerics will improve its bottom line, while eliminating the risks of exploration and the costs of installing new well infrastructures. Hydrojet Slotting is a quantum leap forward in the protection of homeland energy security and safety in the 21st century."….
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TORONTO, Jul 05, 2005 (BUSINESS WIRE) --
Biogenerics Limited (OTC:BIGN), today announced that its partner, Hydroslotter Corporation reported that several open flow tests on its target well in Northern California have determined conclusively that initial production will exceed 800 million[mistake was made, actually 800 thousand] cubic feet per day (MCFD). With gas prices at approximately U.S. $7 per cubic thousand feet, the initial production would garner gross revenues in excess of $5,600 per day or $2,044,000 per year…
…"We are excited about these results because we have taken a difficult well that was shut in for over twenty years and was also a candidate for plugging and abandonment, and we are putting this well online at commercially viable rates," said Gary Kelley, Chief Executive Officer. "Using new technology, we have found large amounts of gas in previously believed barron areas. The Company will be actively seeking distribution partners our producing wells."
"In addition, hydroslotting, the wave of the future, has resulted in gas production that other technologies either could not achieve or have been unable to access. For example, in another well close to the target well, jet perforating fifty (50) feet of productive formation resulted in 200 MCFD. Hydroslotting only fifteen (15) feet of the same zone in our target well has achieved preliminary results that are four to five times greater."
http://www.bignltd.com/pr/200507052.html
Link to mistake correction: http://www.bignltd.com/pr/20050707.html
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TORONTO, July 26, 2005 (PRIMEZONE) -- Biogenerics Limited (Other OTC:BIGN.PK - News), today announced that their strategic alliance partner, HydroSlotter Corporation…

``The hydroslotter technology is affording Biogenerics the opportunity to fully exploit the potential of each investment the Company has prudently made.''…


TORONTO, Oct. 11, 2005 (PRIMEZONE) -- Biogenerics Limited's (Other OTC:BIGN.PK - News) strategic alliance partner, Hydroslotter Corporation, announces initial production numbers for the month of September…

Hydroslotter's technology is cost effective and for the inexpensive cost of the actual re-work on potential shut-in wells, the return on investment is high…

Hydroslotter is equally excited about the potential their technology provides. There are perhaps hundreds of thousands of shut-in wells that have the economic potential to begin production again at a low cost compared to a conventional drilling project…
TORONTO, Oct. 13, 2005 (PRIMEZONE) --
…``We're excited about the potential of the Hydroslotting technology…

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 percent to 600 percent. Hydroslotter's technology is cost effective and, for the inexpensive cost of the actual re-work on potential shut-in wells, the return on investment is high…
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Demonstrating Hydroslotter Technology in New York Wells (Hydroslotter Corporation—Canada). Hydroslotting is a two-step abrasive hydrojet completion process. The first step cuts two 180°-phased slots through the casing, cement, and deep (up to 10 ft) into the formation. The second step cycles proprietary remedial chemical reagents via the newly created slots. Effectively, near-wellbore damage is transferred to the distant slot tips. Hydroslotting will be demonstrated in five different well environments in three New York geological zones: Onondaga, Medina, and Theresa. At least one demonstration will be close to a gas-water contact.

Petroleum Technology Transfer Council

http://www.pttc.org/tech_sum/ts_v11n1/ts_v11n1_22.htm

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