CALGARY, ALBERTA--(Marketwire - July 22, 2010) -

NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA

Poplar Creek Resources Inc. (PCK) (TSX VENTURE:PCK) is pleased to announce the signing of a Memorandum of Understanding ("MOU") with Norwegian Oil Sands Corp. ("NOS") whereby PCK, subject to certain conditions set forth in the MOU, has the right to earn a 50% interest in 31 sections of contiguous Oil Sand Leases owned by NOS. The Oil Sand Leases are located in the Chard Area (Townships 79 & 80 Range 6 W4M) and are in proximity of the Christina Lake Project and the Surmont Commercial SAGD project along with other commercial projects in the Athabasca Oil Sands Area. Over the course of the next six weeks, PCK will complete an in depth review of the project including the drilling of a multi core hole well drilling program along with an application for a future Pilot Project Program. If satisfactory, PCK will have the option to elect to earn its 50% in the Oil Sand Leases. The terms of the MOU will form the basis of a formal agreement to be entered into by PCK and NOS during the above mentioned review period.

Forward-looking statements:

Certain information set forth in this news release contains forward-looking statements and information ("forward-looking statements"). More particularly, this news release contains statements concerning drilling plans and the purchase additional interests in certain assets as described herein. By their nature, forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond Poplar Creek's control, including the impact of general economic conditions, industry conditions, volatility of commodity prices, currency fluctuations, imprecision of reserve estimates, environmental risks, competition from other industry participants, the lack of availability of qualified personnel or management, stock market volatility and ability to access sufficient capital from internal and external sources. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. Poplar Creek's actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so what benefits Poplar Creek will derive therefrom. The risks, uncertainties, material assumptions and other factors that could affect actual results are discussed in more detail in our Annual Information Form and other documents available at www.sedar.com. Furthermore, the forward-looking statements contained in this document are made as of the date of this document and, except as required by applicable law, Poplar Creek does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement.

This news release shall not constitute an offer to sell or the solicitation of any offer to buy securities in any jurisdiction.