October 24, 2006 14:46 ET

Media Advisory: Petro-Canada Reports Q3 2006 Results

CALGARY, ALBERTA--(CCNMatthews - Oct. 24, 2006) - Petro-Canada will host a conference call for analysts and investors on Thursday, October 26, 2006 at 7:00 a.m. Mountain time (9:00 a.m. Eastern time) to discuss third quarter results, which will be released on October 26, 2006. The media will be invited to ask questions following the analysts and investors. If you are unable to join us on October 26, a post audio of the conference call will be available until January 25, 2007.

Presenters:            Ron A. Brenneman, President and CEO

Conference Call Host:  Gordon Ritchie, Sr. Director - Investor Relations

Date:                  October 26, 2006

Time:                  7:00 a.m. Mountain time (9:00 a.m. Eastern time)

Telephone:             1-866-540-8136 (North America) or 416-340-8010


Post audio:            A post audio will be available one hour after the
                       conclusion of the conference call and will be
                       accessible until January 25, 2007 through
                       1-800-408-3053 (N. America) and 416-695-5800
                       (International); reservation 3200673#.

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. The Company creates 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. Petro-Canada's common shares trade on the Toronto Stock Exchange under the symbol PCA and on the New York Stock Exchange under the symbol PCZ.

Contact Information