March 23, 2006 16:41 ET

Petro-Canada Files 2005 Annual Disclosure Reports

CALGARY, ALBERTA--(CCNMatthews - March 23, 2006) - Petro-Canada today filed its 2005 Annual Report (Annual Report) with securities regulatory authorities in Canada and the United States. The Annual Report contains the audited Consolidated Financial Statements and accompanying notes for the year ended Dec. 31, 2005, as well the related Management's Discussion and Analysis. Petro-Canada also filed its 2005 Annual Information Form (AIF) for the year ended Dec. 31, 2005.

Both the Annual Report and the AIF include disclosure and reports relating to reserves data and other oil and gas information required by Canadian securities regulatory authorities according to National Instrument 51-101; Standards for Disclosure for Oil and Gas Activities.

Summary year-end disclosure was provided on Jan. 26, 2006 in the fourth quarter and year-end news release.

Petro-Canada has a user-friendly, HTML-based online version of the Annual Report on its Web site at, as well as copies of the AIF and the Company's 2006 Management Proxy Circular. Copies of all of Petro-Canada's 2005 disclosure reports may also be obtained on SEDAR and on SEC.

Petro-Canada is one of Canada's largest oil and gas companies, operating in both the upstream and 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. Our 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

  • Petro-Canada (Calgary)
    Media and general inquiries:
    Michelle Harries, Corporate Communications
    (403) 296-3648
    Petro-Canada (Calgary)
    Investor and analyst inquiries:
    Pamela Tisdale, Investor Relations
    (403) 296-4423