Connacher to Present at Peters & Co. Limited 2008 North American Oil & Gas Conference

Connacher Oil and Gas Limited announced that it will present at the Peters & Co. Limited 2008 North American Oil & Gas Conference being held in Toronto from September 9-11, 2008. The Company’s presentation will be made by Mr. R.A. Gusella, President and Chief Executive Officer on Thursday, September 11, 2008 at 9:00 AM MST. To access the web cast of the presentation, please go to the link provided below:

A link to the web cast and the slide presentation for this event will also be posted on Connacher’s website at www.connacheroil.com.

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 24 percent equity stake in Petrolifera Petroleum Limited (PDP – TSX), a public company active in Argentina, Colombia and Peru in South America.