Thunderbird Energy Corp.
TSX VENTURE : TBD
FRANKFURT : M2Y

Thunderbird Energy Corp.

December 01, 2010 09:38 ET

Thunderbird Energy Appoints Rick Ironside as President and Rupert Evans as Vice President of Geosciences

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 1, 2010) -

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Thunderbird Energy Corp. (TSX VENTURE:TBD) (FRANKFURT:M2Y) (the "Company") today announced that Rick Ironside has been appointed as its President. Mr. Ironside will head the day to day operations, and will be instrumental in guiding the Company's future growth plans.

Rick Ironside P. Eng., holds a B.Sc. Engineering (Calgary) and an MBA (Ivey School of Business). He has nearly 30 years of broad based, petroleum industry experience, including over 10 years in senior management roles. Prior to joining Thunderbird as COO in June 2008, Mr. Ironside most recently served as the Chief Operating Officer of Defiant Energy Inc. (sold to Advantage Energy Income Fund) and President and CEO of Defiant Resources Corporation (sold to Profound Energy Inc.).

Cam White, Thunderbird's former President will remain on the Board of Directors and remain actively involved in the affairs of Thunderbird in an executive capacity.

The Company also announced that Rupert Evans has been appointed as Vice President of Geosciences. He holds a B.Sc. Geology from the University of Calgary. Mr. Evans will take a lead role in the development of our existing assets and the ongoing evaluation of potential new projects and growth opportunities. Mr. Evans previously worked with the exploration teams at Defiant Energy and Defiant Resources and, for the last 2 years has acted as a geological consultant Thunderbird Energy.

"We are extremely pleased to have Rick assume the role of President of Thunderbird," stated Cameron White. "Rick, Rupert and the rest of their team have done a tremendous job of building Thunderbird's assets and reserves and mapping out the path to develop those assets. They have also been instrumental in advancing the South West Partnership, CO2 sequestration project. The appointments of Rick and Rupert announced today are the natural next step in the evolution of Thunderbird."

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

Certain information in this news release 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, except as required by applicable securities laws. 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 necessarily 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 the estimated costs or results expressed or implied by such forward-looking statements. Readers should not place undue reliance on forward-looking information.

THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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