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Monday, August 17, 2009

The Toronto stock market tumbled alongside indexes all over the world Monday amid growing signs of American consumer weakness.



Sharp selloff jolts markets


Time To Buy CLL

Connacher Updates Corporate Slide Presentation on Website

CALGARY, Aug. 17, 2009 (Canada NewsWire via COMTEX) -- (Canada NewsWire)
Connacher Oil and Gas Limited (CLL-TSX) announced today that it has posted an updated corporate slide presentation on its website at www.connacheroil.com. Click on the Investor Information link and go to Presentations.

Connacher Oil and Gas Limited is a Calgary-based bitumen, crude oil and natural gas company. It is primarily an oil sands company, with operations at its 10,000 bbl/d Great Divide Pod One SAGD plant in northeastern Alberta and with plans to construct its second similar sized SAGD project at Algar. It owns conventional Canadian production and reserves and Connacher also owns a 9,500 bbl/d heavy oil refinery in Great Falls, Montana and a 24 percent equity stake in Petrolifera Petroleum Limited (PDP-TSX), a successful production and exploration company active in Argentina, Colombia and Peru in South America. Connacher's shares and convertible debentures are listed for trading on the Toronto Stock Exchange.

SOURCE: Connacher Oil and Gas Limited
Richard A. Gusella, President and Chief Executive Officer, OR Grant D. Ukrainetz, Vice President, Corporate Development, Phone: (403) 538-6201, Fax: (403) 538-6225, inquiries@connacheroil.com, Website: www.connacheroil.com
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