CALGARY, Oct. 17 /CNW/ - Solana Resources Limited (TSX-V: SOR; AIM: SORL) announced today that Menno Wiebe has resigned his position as Vice President Exploration of Solana Petroleum Exploration Colombia, a wholly owned subsidiary of the Company, to pursue other options. The Board would like to thank Mr. Wiebe for the contribution he has made to Solana and wishes him well in his future endeavours. Glenn Van Doorne, the Company's newly appointed Chief Operations Officer, will assume responsibility for the Company's exploration. Glenn joined Solana earlier this month as part of a strengthened management team. Alamo-1 Empresa Colombiana de Petroleos S.A., the Colombian state petroleum company and operator of the Alamo-1 well located in the Catatumbo Basin of Colombia, has plugged and abandoned this well. While well log analysis indicated several potential oil bearing zones subsequent testing failed to yield commercial oil production rates. Solana was responsible for 38.4% of the costs of this well and would have earned a 26.25% revenue interest through a contractual arrangement with Ramshorn International Ltd. 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 and Paraguay, South America and are primarily held through its wholly owned subsidiary, Solana Petroleum Exploration (Colombia) Limited. The Company is headquartered in Calgary, Alberta, Canada. 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, 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. The Company assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those contemplated by the forward-looking statements. Mr. Glenn Van Doorne, Chief Operating Officer of Solana, a Petroleum Geologist, is the qualified person that has reviewed the technical information contained in this press release. 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.