| ||June 22, 2011|
Thunderbird Energy Appoints Barry Brumwell As Vice President of Operations
| ||Vancouver, British Columbia, June 22, 2011 - Thunderbird Energy Corp. (TSX-V: TBD) (the "Company") today announced that Barry Brumwell has been appointed as its Vice-President of Operations. Mr. Brumwell has over 30 years of experience covering virtually every facet of drilling and completions in the upstream oil and gas industry. During his career Mr. Brumwell has specialized in the design and exploitation of a variety of conventional and unconventional oil and gas projects. Mr. Brumwell has demonstrated that he is an early adopter of proven technologies and his experience also includes oil sands SAGD operations and CO2 sequestration projects. Most recently, Mr. Brumwell supervised a multi-well cardium oil drilling program designed to enable horizontal multi-frac completions.|
Mr. Brumwell will initially focus on the permitting, design and implementation of the drilling and completion program at the Company's Gordon Creek, Utah natural gas field. Mr. Brumwell will also assume a key role in the roll out of the pending South West Partnership CCO2 sequestration project once final approvals for the project have been received.
In connection with his appointment, Mr. Brumwell will be investing $300,000 in Thunderbird by way of a private placement of 2,000,000 units at a price of $0.15 per unit, each unit to consist one common share and one two year warrant exercisable at $0.20 per share. Mr. Brumwell will also be granted 600,000 options exercisable at $0.15 per share pursuant to the Company's incentive stock option plan.
"We are very pleased to have Barry Brumwell join the Thunderbird team," stated Rick Ironside, President of Thunderbird. "Having worked with Barry numerous times over the years, I know that his skill set and broad based experience will be an ideal fit for us as we roll out our development plans."
Thunderbird Energy is a Canadian based oil and gas exploration and production Company with interests in the US Rockies and mid-continent regions.
Thunderbird's holdings include the Gordon Creek, Utah natural gas field, the Rush County, Kansas light oil project and a light oil exploration project in Weston County Wyoming.
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