CALGARY, May 15 /CNW/ - Connacher Oil and Gas Limited (CLL-TSX) announced
today that it is a participant at the 2008 BNP Paribas Annual Investor
Conference in the Bahamas on May 16, 2008. Participating in a panel discussion
on oil sands at approximately 9:45 AM MST will be Mr. Richard Kines, Vice
President Finance and Chief Financial Officer and Mr. Cameron Todd, Vice
President, Refining and Marketing.
    Connacher's corporate slide presentation is on the website at
www.connacheroil.com. Click on the Investor Information link and go to the
May 2008 Presentation.

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