Connacher Oil & Gas Ltd CLLZF

RE: production surpasses 5,000 barrels per day

[olesmoker]

At Great Divide Pod One, Connacher's SAGD project continues to exceed expectations, as production builds throughout 2008 toward the project design of 10,000 bbl/d of bitumen. Currently, 12 well pairs out of 15 well pairs have been converted (flipped over) to SAGD production, including several in recent days. This would likely have occurred earlier in the month except for brutal winter weather conditions in late January and early February, 2008,