Thunderbird Energy Corp. announced a number of corporate updates.

Gordon Creek Operations

The eight newly drilled wells that were completed at the Company's Gordon Creek natural gas field located in Carbon County, Utah are continuing to de-water. All of the eight wells were drilled in the North-west corner of the Company's Gordon Creek acreage. It appears that the thicker than expected sandstone pay zones and higher than expected porosities encountered in this area of the project are contributing to higher than expected initial water inflows, leading to longer than expected de-watering periods. The Company's original expectation for these eight new wells - based on the analog wells producing at the adjacent Drunkard's Wash field - was a first year average initial production rate of 460 Mcf/day per well, with ultimately recoverable reserves of 2.0 Bcf over the life of the well.

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