Connacher to Present at CAPP 2008 Oil and Gas Symposium

    CALGARY, June 12 /CNW/ - Connacher Oil and Gas Limited (CLL-TSX)
announced today that it will present at the 2008 CAPP Oil & Gas Investment
Symposium being held in Calgary from June 16 to June 18, 2008. The Company's
presentation will be made by Mr. R.A. Gusella, President and Chief Executive
Officer and by Mr. Peter Sametz, Executive Vice President and Chief Operating
Officer. The Company will give its presentation on Tuesday, June 17 at
12:05 PM MST. To access the web cast of the presentation, please go to the
link provided below and log on with your email address:

    A link to the web cast and the slide presentation for this event will
also be posted on Connacher's website at A second
identical presentation which will not be webcast will be given at 1:45 PM MST
on Wednesday, June 18, 2008.

    Connacher Oil and Gas Limited is a Calgary-based Canadian oil and natural
gas exploration, development, production and refining company. The company's
principal assets are its significant bitumen reserves and resources and its
100 percent interest in approximately 98,000 net acres of oil sands leases at
or near its Great Divide oil sands project near Fort McMurray, Alberta. It
also owns conventional production and reserves at Marten Creek and Three
Hills, Alberta and at Battrum, Saskatchewan. Connacher owns and operates a
9,500 barrel per day heavy oil refinery in Great Falls, Montana and maintains
a valuable 26 percent equity stake in Petrolifera Petroleum Limited (PDP -
TSX), a public company active in Argentina, Colombia and Peru in South

For further information:

For further information: Richard A. Gusella, President and Chief
Executive Officer; OR Grant D. Ukrainetz, Vice President, Corporate
Development, Phone: (403) 538-6201, Fax: (403) 538-6225,, Website:

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