diff --git a/ballerina/Ballerina.toml b/ballerina/Ballerina.toml
index b34e0d7d..2066d827 100644
--- a/ballerina/Ballerina.toml
+++ b/ballerina/Ballerina.toml
@@ -1,7 +1,7 @@
 [package]
 org = "ballerinax"
 name = "oracledb"
-version = "1.4.1"
+version = "1.5.0"
 authors = ["Ballerina"]
 keywords = ["database", "client", "network", "SQL", "RDBMS", "OracleDB", "Oracle"]
 repository = "https://github.com/ballerina-platform/module-ballerinax-oracledb"
@@ -10,10 +10,10 @@ license = ["Apache-2.0"]
 distribution = "2201.1.0"
 
 [[platform.java11.dependency]]
-path = "../native/build/libs/oracledb-native-1.4.1-SNAPSHOT.jar"
+path = "../native/build/libs/oracledb-native-1.5.0-SNAPSHOT.jar"
 
 [[platform.java11.dependency]]
-path = "./lib/sql-native-1.6.1-SNAPSHOT.jar"
+path = "./lib/sql-native-1.8.1-SNAPSHOT.jar"
 
 [[platform.java11.dependency]]
 path = "./lib/ojdbc8-12.2.0.1.jar"
diff --git a/ballerina/CompilerPlugin.toml b/ballerina/CompilerPlugin.toml
index d631ea39..726f1694 100644
--- a/ballerina/CompilerPlugin.toml
+++ b/ballerina/CompilerPlugin.toml
@@ -3,4 +3,4 @@ id = "oracledb-compiler-plugin"
 class = "io.ballerina.stdlib.oracledb.compiler.OracleDBCompilerPlugin"
 
 [[dependency]]
-path = "../compiler-plugin/build/libs/oracledb-compiler-plugin-1.4.1-SNAPSHOT.jar"
+path = "../compiler-plugin/build/libs/oracledb-compiler-plugin-1.5.0-SNAPSHOT.jar"