Solara Exploration Tests New Cardium Well

Solara Exploration Ltd. ("Solara" or the "Company") (TSX VENTURE:SAA.A)(TSX
VENTURE:SAA.B) announces that it has recently completed the drilling, fracing
and completion of its previously announced horizontal well in Section
17-45-5-W5M located in the Pembina (Buck Lake) area of Alberta. The Company
undertook testing operations from December 19, 2010 to January 6, 2011, during
which time it recovered all of the load fluid and subsequently achieved testing
rates of approximately 1,497 barrels of oil per day and 1.9 million cubic feet
of natural gas per day for an aggregate rate of 1,816 BOE/d of field production,
ending on January 6, 2011 with a flowing pressure of 3700 kpa. Solara's partner
in the well has taken over facility tie in operations and is currently in the
process of equipping the well for production and anticipates that these
activities will be completed within 30 days. Management's estimate of Solara's
share of initial production from the well is estimated to be approximately 484
BOE/D. The Company has additional horizontal drilling opportunities on its lands
in the Pembina Buck Lake area which compliment its recent drilling success.


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.


READER ADVISORY 

BOEs may be misleading, particularly if used in isolation. A BOE conversion
ratio of 6 Mcf: 1 bbl is based on an energy equivalency conversion method
primarily applicable at the burner tip and does not represent a value
equivalency at the wellhead.