Thunderbird Energy Corp.

Thunderbird Energy Corp.

June 01, 2009 18:44 ET

Thunderbird Files NI 51-101 Reserves Evaluation

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 1, 2009) - Thunderbird Energy Corp. (TSX VENTURE:TBD) (the "Company") today announced the completion of the reserves evaluation of its Gordon Creek natural gas field, as well as the Rush County Kansas light oil field. The evaluation was conducted by MHA Petroleum Consultants Inc. of Denver, Colorado effective January 31, 2009 and was prepared in accordance with National Instrument 51-101 - Standards of Disclosure for Oil and Gas activities. The Form 51-101F1, Form 51-101F2 - Report of Independent Qualified Reserves Evaluator, and Form 51-101F3 - Report of Management and Directors on Oil and Gas Disclosure have been filed with Canadian securities regulators. Copies of these documents may be viewed on the System for Electronic Document Analysis and Retrieval website at

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.

Caution Regarding Forward- looking information

Information in this news release respecting the reserves valuations, expected production levels, prices and anticipated total oil and gas recoveries constitutes forward-looking information. Statements containing forward-looking information express, as at the date of this news release, the Company's plans, expectations, or beliefs as to future events or results are believed to be reasonable based on the information currently available to the Company. The Company does not undertake to update any such forward-looking statements.

The Company's actual reserves and future production may be greater that or less that the estimates provided. The estimated future net revenue from the production of the Company's reserves does not represent the fair market value of Thunderbird Energy's reserves.

Statements including forward-looking information involve known and unknown risks, uncertainties and other factors which may cause the actual results of the Company and its operations to be materially different from estimated costs or results expressed or implied by such forward-looking statements.

There can be no assurance that forward-looking statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Readers should not place undue reliance on forward-looking information.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy or the adequacy of this press release.

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