Connacher Updates Corporate Slide Presentation on Website

    CALGARY, Aug. 17 /CNW/ - Connacher Oil and Gas Limited (CLL-TSX)
announced today that it has posted an updated corporate slide presentation on
its website at Click on the Investor Information link
and go to Presentations.

    Connacher Oil and Gas Limited is a Calgary-based bitumen, crude oil and
natural gas company. It is primarily an oil sands company, with operations at
its 10,000 bbl/d Great Divide Pod One SAGD plant in northeastern Alberta and
with plans to construct its second similar sized SAGD project at Algar. It
owns conventional Canadian production and reserves and Connacher also owns a
9,500 bbl/d heavy oil refinery in Great Falls, Montana and a 24 percent equity
stake in Petrolifera Petroleum Limited (PDP-TSX), a successful production and
exploration company active in Argentina, Colombia and Peru in South America.
Connacher's shares and convertible debentures are listed for trading on the
Toronto Stock Exchange.

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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