Highpine Oil & Gas Limited announces second quarter 2008 results release and conference call

    CALGARY, July 30 /CNW/ - Highpine Oil & Gas Limited (TSX: HPX)
("Highpine") will announce its second quarter 2008 results at the close of
markets on Tuesday, August 5, 2008. Highpine will host a conference call to
discuss its second quarter 2008 results at 8:00 a.m. MDT on Wednesday, August
6, 2008. The call can be accessed toll free by dialing Canada and USA:
1-800-319-4610; Outside Canada and USA: 1-604-638-5340. Please dial in 10 to
15 minutes prior to the start of the call. The conference call will also be
broadcast live over the internet on Highpine's website located at
www.highpineog.com. Digital Playback will be available until September 6, 2008
in North America Toll Free: 1-800-319-6413, Pin Code: 6639 followed by the
number sign.

    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".

For further information:

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

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Highpine Oil & Gas Limited

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