Solara has operated the drilling and casing of a potential Cardium horizontal oil and gas well located at 9-22-46-6 W5M in the Buck Lake (Pembina) area of Alberta.

The Company anticipates commencing completion and fracking (stimulation) operations on the well prior to year end. Solara has a 35% working interest in the well and in 480 acres on the Cardium prospect.

Solara has working interests varying from 20% to 80% in five producing Cardium horizontal oil and gas wells in the Buck Lake Area with up to six additional drilling locations on its lands.

The Company has plans to proceed with the drilling of two of these Cardium drilling locations in January, 2012.