| ||March 13, 2007|
Thunderbird Spuds 7 Kansas Well
| ||Vancouver, British Columbia, March 13, 2007---Thunderbird Energy Corp. (TSX-V: TBD "Thunderbird") announced today that it has commenced drilling a 7th well in Rush County, Kansas. Thunderbird is funding 50% of the costs of the program to earn a 50% working interest in the wells, which are targeting light oil from the Arbuckle formation. The current well, #1 Oliverius, is a step out from the #2 Oliverius that was successfully drilled by Thunderbird in February.|
Two of the previously drilled 6 wells have been producing oil since January and appear to have stabilized at a combined rate of approximately 70 bbls per day. Two were plugged and abandoned and the final 2 wells are expected to commence production shortly. Completion efforts on the last 2 wells had been delayed due to extreme weather conditions in the mid-west over the past few weeks.
Thunderbird Energy is a Canadian based oil and gas company that, in addition to the Kansas project, owns a 50% interest in the Gordon Creek producing natural gas field in the State of Utah, USA. Thunderbird's other holdings include a New Brunswick oil and gas exploration project adjacent to the Stoney Creek field. Thunderbird also recently announced the acquisition, subject to due diligence, of additional acreage as a potential extension of the Gordon Creek field, as well a 19,000 acre land package in the eastern portion of the Power River Basin, Wyoming.
For more information, contact:
President and CEO
THUNDERBIRD ENERGY CORP.
847 Hamilton Street
Vancouver, BC V6B 2R7
The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy or the adequacy of this press release. We seek safe harbour.
Visit our website at www.thunderbirdenergy.com
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