Highpine Oil & Gas Limited announces filing of annual information form

    CALGARY, March 28 /CNW/ - Highpine Oil & Gas Limited (TSX: HPX)
("Highpine" or the "Company") has filed its annual information form for the
year ended December 31, 2007, which includes the disclosure and reports
relating to reserves data and other oil and gas information required pursuant
to National Instrument 51-101. Copies of this document may be obtained via the
SEDAR website at www.sedar.com or Highpine's website at www.highpineog.com.

    Highpine is a Calgary-based oil and natural gas company engaged in
exploration for and the acquisition, development and production of natural gas
and crude oil in western Canada. Highpine's current exploration and
development efforts are focused in the West Pembina Nisku and West Central
Alberta Gas Fairway, both located in Central Alberta. The company's class A
common shares trade on the Toronto Stock Exchange under the symbol "HPX".

    The Toronto Stock Exchange has neither approved nor disapproved
    the information contained herein.

For further information:

For further information: Jonathan A. Lexier, President and Chief
Executive Officer, Tel: (403) 508-9550, Fax: (403) 508-9503,
jlexier@highpineog.com; Harry D. Cupric, Vice President, Finance and Chief
Financial Officer, Tel: (403) 508-9595, Fax: (403) 508-9503,
hcupric@highpineog.com, Website: www.highpineog.com

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Highpine Oil & Gas Limited

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