Highpine Oil & Gas Limited to Present at FirstEnergy/Societe Generale East Coast Canadian Energy Conference in New York, NY

CALGARY, March 10 /PRNewswire-FirstCall/ — Highpine Oil & Gas Limited (TSX: HPX) (“Highpine”) is pleased to announce that it will be presenting at the FirstEnergy/Societe Generale East Coast Canadian Energy Conference taking place March 12 to 14, 2008 in New York City, New York at the Waldorf Astoria. Mr. Jonathan Lexier, President and Chief Executive Officer is scheduled to present at approximately 10:04 a.m. (EST) on Friday, March 14, 2008. Highpine will post an updated corporate presentation on its website prior to market open on Friday, March 14, 2008.

To listen and view this online event, please visit http://remotecontrol.jetstreammedia.com/14711. The presentation will be available in an archived version at this link for 30 days following the live presentation. For more information on the webcast, please visit http://www.firstenergy.com/.

Highpine is a Calgary-based oil and natural gas company engaged in exploration for and the acquisition, development and production of natural gas and crude oil in western Canada. Highpine’s current exploration and development efforts are focused in the West Pembina Nisku and West Central Alberta Gas Fairway, both located in Central Alberta. The company’s class A common shares trade on the Toronto Stock Exchange under the symbol “HPX”.

The Toronto Stock Exchange has neither approved nor disapproved

the information contained herein.

Highpine Oil & Gas Limited

CONTACT: Jonathan Lexier, President and Chief Executive Officer, Tel:(403) 508-9550, Fax: (403) 508-9503, jlexier@highpineog.com; Harry Cupric,Vice President, Finance & CFO, Tel: (403) 508-9595, Fax: (403) 265-3362,hcupric@highpineog.com; Website: http://www.highpineog.com/