Published: September 06, 2007

Petro-Canada to Participate in Peters & Co. 2007 North American Oil and Gas Conference, Toronto

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CALGARY, ALBERTA - (Marketwire - Sept. 6, 2007) - Neil Camarta, Senior Vice-President, Oil Sands will present at the Peters & Co. 2007 North American Oil and Gas Conference in Toronto on Tuesday, September 11, 2007 at 11:30 a.m. Eastern time (9:30 a.m. Mountain time). The presentation will include information on Petro-Canada's Oil Sands performance, growth strategy and outlook.

A live webcast of the presentation will be available on the Petro-Canada website: http://www.petro-canada.ca/en/investors/93.aspx. A re-play of the webcast will be available approximately one hour after the live webcast for 90 days.

Petro-Canada is one of Canada's largest oil and gas companies, operating in both the upstream and the downstream sectors of the industry in Canada and internationally. We create value by responsibly developing energy resources and providing world class petroleum products and services. Petro-Canada is proud to be a National Partner to the Vancouver 2010 Olympic and Paralympic Winter Games. Our common shares trade on the Toronto Stock Exchange under the symbol PCA and on the New York Stock Exchange under the symbol PCZ.

Website: www.petro-canada.ca