Thunder Energy Trust

Thunder Energy Trust

January 30, 2006 09:00 ET

Thunder Energy Trust Announces new Appointment to Board of Directors

CALGARY, ALBERTA--(CCNMatthews - Jan. 30, 2006) - Thunder Energy Trust (TSX:THY.UN) is pleased to announce that John Clark has been appointed to the Board of Directors.

Mr. Clark is President of Investments and Technical Management Corp., a private company that invests in public and private companies. Mr. Clark came to Canada from South Africa in 1982 after having qualified as a Chartered Accountant. In Canada he worked as an audit manager with Thorne Riddell (now KPMG). In 1988, he became President of Laurasia Resources Limited. In 1994, Mr. Clark became Executive Chairman, a position he held until Laurasia was acquired by Startech in 1998. Mr. Clark was appointed a director of Startech in 1998, a director of Impact Energy Inc. in late 2000, a director of Thunder Energy Inc. in May 2004 and a director of Alberta Clipper Energy Inc in July 2005.

Calgary-based Thunder Energy Trust began trading on the TSX on July 12, 2005. Thunder was created through a Plan of Arrangement with three oil and gas companies, the largest being Thunder Energy Inc. which at the time was the 15th largest publicly-traded oil and gas company in Canada. The Trust has a diverse base of oil and gas properties in Western Canada and a business plan emphasizing low-risk drilling and exploitation aimed at maintaining stable production and sustaining the Trust over the long term.

Forward-looking Statements

This press release may contain forward-looking statements including expectations of future production, cash flow and earnings. These statements are based on current expectations that involve a number of risks and uncertainties, which could cause actual results to differ from those anticipated. These risks include, but are not limited to: the risks associated with the oil and gas industry (e.g., operational risks in development, exploration and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of reserve estimates; the uncertainty of estimates and projections relating to production, costs and expenses, and health, safety and environmental risks), commodity price and exchange rate fluctuation and uncertainties resulting from potential delays or changes in plans with respect to exploration or development projects or capital expenditures. Additional information on these and other factors that could affect the Trust's operations or financial results are included in the Trust's reports on file with Canadian securities regulatory authorities.

Contact Information

  • Thunder Energy Trust
    Stuart Keck
    President & C.E.O.
    (403) 294-1635
    (403) 232-1317 (FAX)
    Thunder Energy Trust
    Brent Kirkby
    Vice President, Finance & C.F.O.
    (403) 294-1635
    (403) 232-1317 (FAX)