Annual Report and Accounts

    Solana Resources Limited ("Solana" or the "Company") - Announces Filing Of Its
Annual Information Form For The Year Ended 2007

    CALGARY and LONDON, April 15 /CNW/ - Solana Resources Limited (TSX-V:
SOR; AIM: SORL), is pleased to announce the filing of its annual information
form for the year ended December 31, 2007. This annual information form
includes Solana's reserves data and other oil and gas information for the year
ended December 31, 2007 together with the report on reserves data by
independent qualified reserves evaluator on Form 51-101F2 and the report of
management and directors on oil and gas disclosure on Form 51-101F3, as
required under National Instrument 51-101 Standards of Disclosure for Oil and
Gas Activities. Copies of Solana's annual information form for the year ended
December 31, 2007 may be obtained from Sedar at www.sedar.com.

    Forward Looking Statements

    Certain information regarding the Company, including management's
assessment of future plans and operations, may constitute forward-looking
statements under applicable securities law and necessarily involve risks
associated with oil and gas exploration, production, marketing and
transportation such as loss of market, volatility of prices, currency
fluctuations, imprecision of reserve estimates, mechanical problems, equipment
limitations, environmental risks, competition from other producers and ability
to access sufficient capital from internal and external sources; as a
consequence, actual results may differ materially from those anticipated.

    Solana Resources Limited

    Solana (www.solanaresources.com) is an international resource company
engaged in the acquisition, exploration, development and production of oil and
natural gas. The Company's properties are located in Colombia, South America
and are held through its wholly owned subsidiary, Solana Petroleum Exploration
(Colombia) Limited. The Company is headquartered in Calgary, Alberta, Canada.

    NO REGULATORY AUTHORITY HAS APPROVED OR DISAPPROVED THE CONTENT OF THIS
    RELEASE. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE
    ADEQUACY OR ACCURACY OF THIS RELEASE


For further information: Solana Resources Limited, Scott Price, Ricardo
Montes, jsp(at)solanaresources.com, rmontes(at)solanacolombia.com, (403)
770-1822, [phone]; Nabarro Wells & Co. Limited (Nominated Adviser),
Robert Lo, Marc Cramsie, RobertLo(at)nabarro-wells.co.uk,
MarcCramsie(at)nabarro-wells.co.uk, [phone]; Tristone Capital Limited
(UK Broker), Nick Morgan, nmorgan(at)tristonecapital.com, [phone];
Pelham Public Relations, Philip Dennis, James MacFarlane,
philip.dennis(at)pelhampr.com, james.macfarlane(at)pelhampr.com, [phone]
6363, [phone]
(SORL)

 



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