Shelton Canada Corp. ("Shelton" or the "Company") (TSX VENTURE:STO) today
announced its financial and operating results for the three and six months ended
June 30, 2009. These financial statements as well as the Management's Discussion
and Analysis for the said period may be found on the Company's website at
www.sheltoncdn.com or on SEDAR at www.sedar.com.


Shelton continues to progress well on their projects in Ukraine. The front end
engineering work on North Kerchenskaya is nearing completion. The preparation
work for the 300 km seismic program on the Black Sea, Arkchangelske project is
ongoing.


The announced Plan of Arrangement with Petrosibir AB of Sweden is moving
forward. Due diligence is being done and should be completed by the end of the
third week of September. In the meantime, legal documents are being drafted and
preparation of an independent fairness opinion has been started.


Shelton also recently announced the closing of a private placement for
$1,482,000 (CAD).


About Shelton Canada Corp.:

Shelton Canada Corp. (www.sheltoncdn.com), a Canadian-based junior oil and gas
company, is focused on exploring and developing the resource-rich basins of
Ukraine. The company has an internationally experience board of directors and a
long history of successful operations in Ukraine. These competitive advantages
have helped Shelton to build effective personal relationships, strategic
regional partnerships, and a large land position and a portfolio of projects on
and offshore. Shelton's long-term goals are to become the leader in oil and gas
production from the resource-rich Azov and Black Sea basins in five years.


Forward-Looking Information

Except for statements of historical fact relating to the company, this news
release may contain certain "forward-looking information" within the meaning of
applicable securities law including opinions, assumptions, estimates and
management's assessment of future plans and operations, budgeted capital
expenditures and funding thereof. Forward-looking information in this news
release is characterized by words such as "plan", "expect", "project", "intend",
"believe", "anticipate", "estimate", and other similar words, or statements that
certain events or conditions "may" "will" or "could" occur. There are
uncertainties inherent in forward-looking information, including factors beyond
Shelton's control, and no assurance can be given that such events will occur on
time or at all. BOEs may be misleading, particularly if used in isolation. A BOE
conversion ratio of 6 Mcf: 1 bbl is based on an energy equivalency conversion
method primarily applicable at the burner tip and does not represent a value
equivalency at the wellhead.