Solara Announces Operational Update and Drilling Plans

NOT FOR DISSEMINATION IN THE UNITED STATES OR TO US PERSONS. 

Solara Exploration Ltd. (TSX VENTURE:SAA.A) (TSX VENTURE:SAA.B) ("Solara" or the
"Company") announces that it has received the approval by the Energy Resources
Conservation Board of Alberta (the "ERCB") with respect to its application for a
Primary Recovery Scheme for a Sparky oil sands development (the "Primary
Recovery Scheme") underlying Section 16, Township 54, Range 4 W4M located in
northeastern Alberta. The Primary Recovery Scheme allows Solara to drill one
well on 20 acres (8 hectares) versus the previous well spacing requirements of
one well per 160 acres (64 hectares) for the purpose of developing the Sparky
oil sands. The Company will commence the drilling of four wells on the project
lands within the next two weeks subject to surface access. As well, Solara has
plans to drill three wells on its 100% interest lands directly adjacent to
Section 16. To date, Solara has drilled five successful oil wells on the
Dewberry project lands.


The Company also announces that it has set in production casing in a potential
oil well the Company recently drilled in the North Sounding Lake area of eastern
Alberta. The Company has plans to complete the well for production within the
next several weeks contingent on surface access. The new well directly offsets a
producing oil well that the Company drilled in October, 2009. The Company owns
an 80% working interest in the new well.


Solara also wishes to announce its plans to drill a horizontal well to evaluate
the Cardium oil potential underlying lands in which it owns a 40% working
interest in the Buck Lake (Pembina) area of western Alberta. Solara expects that
the well will be commenced in late June subject to regulatory approvals. 


Solara also advises that it has entered into a contractual arrangement with
Macam Limited which provides investor relations services to public companies in
Canada. The terms of the agreement provide for a monthly retainer of $8,000 and
150,000 stock options at $0.15 per share on the basis that 50,000 options will
vest at the end of every three month period commencing on April 1, 2010 until
fully vested by December 31, 2010. The Board of Directors of Solara has approved
the agreement together with the stock option grant, subject to regulatory and
TSX Venture Exchange ("TSXV") approval. Macam Limited will assist the Company in
disseminating investor relations information in the investment community in the
interest of increasing Solara's exposure to prospective investors.


The Company also advised that its Board of Directors has approved the granting
of 350,000 stock options to officers, directors, employees and consultants of
the Company, subject to regulatory and TSXV approval. The stock options were
issued with an exercise price of $0.15 per share and have a five year term with
standard vesting provisions.


About Solara Exploration

Solara Exploration is a publicly traded junior oil and gas company focused on
the exploration, development and acquisition of oil and natural gas in Western
Canada.


45,022,937 Class A Shares

986,700 Class B Shares