Evans and Ogle will oversee the day to day operations of Connacher. The company continues to experience strong financial results and is focused on maintaining financial flexibility and execution of its conservative $37 million capital program for 2012. About Connacher Connacher is a Calgary-based energy company with an integrated strategy. Its primary asset is its 100 percent ownership of bitumen reserves and production from two steam-assisted gravity drainage ("SAGD") projects, Pod One and Algar, at its Great Divide oil sands lease block in northeastern Alberta. Connacher owns conventional reserves, undeveloped land and production in central Alberta and also owns and operates a profitable 9,500 bbl/d heavy crude oil refinery in Great Falls, Montana. Colin M. Evans or Kelly J. Ogle Phone: 403 538-6201 connacheroil.com