Thunderbird Energy Corp. has begun the process of bringing the wells online through our upgraded compression facility. The Company anticipates providing a further update in early December once all of the wells are online and initial production rates have begun to stabilize.
Although issues with certain suppliers have caused minor delays in recent weeks, the Company continues to be encouraged by the progress of the operations.
Thunderbird is also pleased to announce the acquisition of approximately four sections (2,479 acres) of new mineral leases in the Gordon Creek area. These lands were acquired at a BLM mineral rights auction held in Salt Lake City on November 13, 2012 and represent an approximate 20% increase in Thunderbird's Gordon Creek land position.
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Thunderbird Energy Corp.
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