Highpine Oil & Gas Limited to present at the CAPP IS 2007 Oil and Gas Investment Symposium

    CALGARY, June 18 /CNW/ - Highpine Oil & Gas Limited (TSX: HPX)
("Highpine" or the "Company") is pleased to announce that it will be
presenting at the CAPP IS 2007 Oil & Gas Investment Symposium, which is taking
place June 18 to June 20, 2007 in Calgary, Alberta at the Hyatt Regency
Calgary. Mr. Bob Rosine, Executive Vice President, Corporate Development of
Highpine, is scheduled to present at approximately 11:00 a.m. (MDT) on
Tuesday, June 19, 2007 and at 11:25 a.m. Wednesday, June 20, 2007. Both
presentations will take place in Room No.1 and will address Highpine's 2007
financial and operating performance, its corporate strategy and its 2007
outlook. Highpine has posted an updated corporate presentation on its 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: A. Gordon Stollery, President & Chief Executive
Officer; Bob Rosine, Executive Vice President, Corporate Development; Harry D.
Cupric, Vice President, Finance and Chief Financial Officer, Telephone: (403)
265-3333, Facsimile: (403) 265-3362, Website: www.highpineog.com; Media
Contact: Shauna MacDonald, (403) 538-5645

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Highpine Oil & Gas Limited

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