Canadian Oil Sands to Announce 2015 Budget

CALGARY, ALBERTA--(Marketwired - Nov 12, 2014) - Canadian Oil Sands ("COS") (TSX:COS)(OTCQX:COSWF) plans to announce its 2015 budget, including capital spending and production outlook, after markets close on Wednesday, December 3, 2014.

A conference call and webcast will be held the following day, December 4, 2014 at 7:00 a.m. MT (9:00 a.m. ET). To participate in the call please dial the following number approximately 10 minutes prior to the conference call:

Toll-free in North America: 1-888-231-8191

International calls: 1-647-427-7450

An audio webcast of the conference call will be available on Canadian Oil Sands' website at the following link: http://www.cdnoilsands.com/investor-centre/presentations-and-events/default.aspx

A recording of the call will be available from 10:00 a.m. MT on December 4 to end of day December 11, 2014. To listen to the replay, please dial and enter the following passcode:

Toll-free in North America: 1-855-859-2056

Calgary and International calls: 1-403-451-9481

Passcode: 34509107

Canadian Oil Sands Limited

Canadian Oil Sands is a pure investment opportunity in light, sweet crude oil. Through our 36.74% interest in the Syncrude Project, we offer a solid, robust production stream of fully upgraded crude oil, potential growth through high-quality oil sands leases and an attractive dividend. For more information please visit our web site at www.cdnoilsands.com.