STETSON OIL & GAS LTD. (TSX VENTURE:SSN) ("Stetson" or the "Company") announced
today that the 2011 annual general and special meeting of Stetson shareholders
scheduled for and convened on June 9, 2011, was adjourned. 


The 2011 annual general and special meeting of Stetson shareholders has been
adjourned to 2:00 p.m. (EST) on June 10, 2011, at the Toronto offices of Stetson
located at 65 Queen Street West, Suite 800, Toronto Ontario, M5H 2M5. The agenda
for the meeting (as adjourned) will remain unchanged. 


Stetson is a junior oil and gas company with exploration assets in North Dakota,
USA.


Cautionary Note Regarding Forward-Looking Information: Statements in this
release that are not historical facts are "forward-looking information" within
the meaning of applicable securities law. Forward-looking information typically
contain words such as "anticipate", "plan", "expect", "potential", or similar
words suggesting future outcomes and include, statements regarding corporate
strategy; and the availability of acquisition opportunities. There can be no
assurance that such information will prove to be accurate; actual results and
future events could differ materially from such information. Factors that could
cause actual results to differ materially include, among others, commodity
prices, third party risks, acquisition risks, risks inherent in the oil and gas
industry, licensing risks, financing risks, regulatory risks and environmental
concerns. Investors are cautioned not to place undue reliance on forward-looking
information


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