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Gordon Creek Energy

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News Releases
 December 23, 2010
Thunderbird Completes $7.5 Gas Linked Debenture Financing

 Vancouver, British Columbia, December 23, 2010 - Thunderbird Energy Corp. (TSX-V: TBD) (the "Company") today announced that effective December 22, 2010, the previously announced $7.5 million 3 year, secured, natural gas linked debenture (the "Gas Linked Debentures") offering has been fully subscribed. Purchasers who participated in the final closing of the Gas Linked Debentures were issued transferable warrants (the "Debenture Warrants") to purchase up to 315,000 common shares of the Company at escalating prices between $0.30 and $0.50 per share until October 31, 2013. The Company also issued non-transferable Finder's Warrants to purchase up to 5,000 common shares of the Company at a price of $0.20 per share until October 31, 2013. All securities issued pursuant to the final closing are subject to hold periods in Canada expiring April 23, 2011.

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