Connacher files year end disclosure documents



    CALGARY, March 29 /CNW/ - Connacher Oil and Gas Limited (CLL - TSX) today
filed its Annual Information Form for the year ended December 31, 2006 which
includes Connacher's reserves data and other oil and gas information for the
year ended December 31, 2006 together with the report on reserves data by
independent qualified reserves evaluator on Form 51-101F2 and the report of
the management and directors on oil and gas disclosure on Form 51-101F3 as
mandated by National Instrument 51-101 - Standards Disclosure for Oil and Gas
Activities of the Canadian Securities Administrators. Connacher today also
filed its Audited Consolidated Financial Statements and Management's
Discussion and Analysis for the years ended December 31, 2006 and 2005. Copies
of Connacher's Annual Information Form, Audited Consolidated Financial
Statements and Management's Discussion and Analysis for the year ended
December 31, 2006 may be obtained via SEDAR at www.sedar.com.

    Connacher is a Calgary-based oil and natural gas exploration and
production company. Its principal asset is its 100 percent interest in
reserves, resources and lands in the Great Divide regions of Alberta's oil
sands. Connacher also has conventional crude oil and natural gas properties in
Alberta and Saskatchewan, owns a 9,500 bbl/d refinery in Great Falls, Montana
and owns a 26 percent basic and fully-diluted interest in, and assists in the
management of, Petrolifera Petroleum Limited. This investment has a current
market value in excess of $200 million.





For further information:

For further information: Richard A Gusella, President and Chief
executive Officer, Connacher Oil and Gas Limited, Phone: (403) 538-6201, Fax:
(403) 538-6225, inquiries@connacheroil.com, www.connacheroil.com


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