TSX-V: TBD USA - OTC: TBDYF

Highlights

Natural Gas
Gordon Creek, Utah Adjacent to Utahs largest gas field Drunkards Wash Currently 8 Bcf Proven Reserves + 19 Bcf Probable Reserves Potential to increase conventional reserves to 250 Bcf Mancos Shale major additional reserve potential through the adoption of modern completion techniques 2011 NI 51-101 valuation of US$38 million

CO2
Known CO2 Pool (estimated 140 BCF 1.3 TCF) Potential Markets (EOR, Oilfield Service, Food & Beverage) Major Commercial Value Potential

Oil
Powder River Basin, Wyoming oil exploration
5000 acres in emerging prolific Niobrara oil shale trend Surrounded by EOG Niobrara 2010 horizontal drilling 2011 test well with Niobrara oil shows

Duschene County, Utah acquiring land on emerging prolific green river oil shale play

Gordon Creek - Natural Gas

(BBG: NYSE) (MAE: ASX)

Originally developed in the 1950s Produced 130 BCF from Ferron formation Recent reactivation and drilling program
Clear Creek Gordon Creek Helper Proved reserves: 238 Bcfe 40,600 acres Program potential: 934 Bcfe

Drunkards Wash

(APC: NYSE)
(COP: NYSE)
Cumulative Gas Production: 815 BCF Expected Recoverable Reserves: 1,250 BCF 225,000 net acres 204 MMCfe/day

Gordon Creek - Natural Gas Conoco Drunkards Wash Field

815 Bcf to date 610 wells 1.25 Tcf projected 2.0 Bcf/well based on 4 wells per section Thunderbird Gordon Creek Field

Drunkards Wash

> 6500 ASL 4.3 Bcf to date 11 wells (3 on production) > 250 potential locations

Highlights

Management
David Evans P. Geol. Ph.D Chairman

Rick Ironside P.Eng. MBA President, Chief Operating Officer

Barry Brumwell C.E.T. Vice President of Operations Over 90 years collective experience creating, building and selling oil & gas companies, including:
Barrington Petroleum - 25,000+ BOE/Day

Defiant Energy Corp 3500+ BOE/Day

Defiant Resources Corp. 1250+ BOE/Day

The Utah Advantage

Gordon Creek borders Drunkards Wash, Utahs most prolific natural gas field
Low royalty rates, land costs and operating costs Recent completion of REX pipeline lowering Rockies pricing differential Utah named one of the top business friendly jurisdictions in the world (2010 Fraser Institute study) Favorable US CDN Exchange rate favors US operations

Gordon Creek Natural Gas

Making Progress Under New Management (3 years)

Increased 2P reserves 79% and asset value 55% prior to access to new capital for development drilling Refinanced company debt, replacing Macquarie bank with debenture holders Created a new development strategy with potential to add 250 bcf proven reserves with only 25 million capital expenditures Concluded gas purchase funding with Sandstorm Metals & Energy Ltd.
$25 Million funding for 2012 and 2013 (commitment of 50 new drills, 5 re-entries) 2012: 15 new drills and rework 5 existing wellbores 2013: drill the balance of the 50 new wells Sandstorm pays an operating and royalty fee of $1.00 plus 20% of field price > $4.00 For subsequent wells, Sandstorm pays a prescribed well fee For subsequent lands in a mutual interest area, Sandstorm pays 35%

Recent focus on the commercial value of the Gordon Creek CO2 potential resource Increasing oil focus, gaining entry into two new prolific oil plays

Gas Reserves: By Category

GAS (MMCF)

Reserve Category
Proved Reserves Proved Developed Producing Proved Developed Non-Producing Proved Undeveloped

2008

2009

2010

2011

473.0 2,741.3 2,208.5

471.5 3,701.2 4,582.5

1,110.9 3,673.6 4,526.6

967.3 2,410.5 4,079.5

Total Proved Reserves (1P)

Probable Reserves

5,422.8
11,865.3

8,755.2
20,977.7

9,311.1
21,651.1

7,457.3
18,515.0

Total Proved + Probable Reserves (2P)

Possible Reserves

17,288.1 29,732.9
13,903.2 10,860.2

30,926.2
11,241.8

25,972.3
9,761.4

Total Proved + Probable + Possible Reserves (3P)

31,191.3 40,593.1

42,168.0

35,733.8

Oil & Gas Reserves: Discounted NPV

2008

2009
PV10 MM US$

2010
PV10 MM US$

2011
PV10 MM US$

Reserve Category
Proved Reserves Proved Developed Producing Proved Developed Non-Producing Proved Undeveloped

PV10 MM US$

1.498 7.167 3.388

0.885 5.718 3.504

2.314 5.961 5.490

1.482 3.756 4.342

Total Proved Reserves (1P)

Probable Reserves

12.053
19.999

10.107
30.993

13.765
35.952

9.580
28.343

Total Proved + Probable Reserves (2P)

Possible Reserves

32.052
46.753

41.100
25.959

49.717
24.370

37.923
20.540

Total Proved + Probable + Possible Reserves (3P)

78.805

67.059

74.087

58.463

Drunkards Wash Best Practices Study

013S010E
A-1 A-1 A-2 A-4 B-4 B-10 D-4

26

25

32-170

33-624 33-514 34-510 34-511 35-507 35-506

3 00

34

D-8 E-2

31

32

34

35

36

31

32 32-616

33
33-515

33-516

34

34-513

35

36

31

32

33
B-1

B-3

35

36
2-5R 1-5R 06-488 06-437 05-411 05-410 4-409 04-469

34-512 03-408 02-404 03-407 02-403

36

31 0 0
0 A-2 330
1 1
02-406 01-402 D-1 A-3 D-2 D-3

B-12

00

3
D-5

34

35

37
1

Gordon Creek
6 1 2
3-5

37

00 33

B-2

50

B-9

D-6

00
E-1 36 H-1

B-11 A-1

D-5 A-3 A-4

D-4 A-1

A-2

5
4-5R 3-4R

4
4-4R

6 06-489
6-306

5
5-304

4
5-305 03-301 4-302 4-303 09-296 09-295 10-294

02-405 2

340

A-1

D-6

D-7

4
D-8

3
A-5

A-7

38

03-414

A-6

2 A-8

00
H-2

00

2-7R 2-8R 1-7 U4 1-9R 7-471 07-436

8-297

A-2 12-536 10-293 11-292 11-291 A-1 A-2

F-3 F-4 B-1

1 A-10 A-11 A-13 A-15

37

11

12

4-7

10

11

12
7-472

7
7-473 18-1035

9
09-178 09-111 D5 16-143 10-112

10
10-15-34

11
11-114 12-538 11-113 14-122 15-176 14-121 13-120

12 12-537

39 0

3-7

F-2SWD

9
B-2

10

11

A-16

8-300 8-1018

4000

3-8R 1A-18 TB 2-17R

14-490 14-491 15-498 13-474 13-470

F-1 1

A-14

U2

15-177 18-181 17-180A 17-179 16-144

00

14

13

18 4-18 TB
18-1A

17

16

15
15-499 15-500

14

13-475

13
13-447

18-435

18

18-1037

17

16

15-142 15

15-88

14

13-91

13
13-92 18-93

18

17

U1 U3

1-19 TB

2-20 TB 1-20R

22-502 22-501

14-476

14-477 23-478

24-446

18-149 19-108 19-150 19-1038 24-388

17-147

20-152 16-1031

16-146

D-4

22-76

24-3-16

24-01-15

19-77 19-532

40
23 24

24-183

18-182

17-148

16-145

22-89

14-75 23-4-20

14-74

014S010E
1

16

15

14

00

39
12 13

38-298 5 08-299 8-1017 0

A-1

A-9 A-12

38 0

23-479 23-480 3-20 TB

21-153 2 19-17 TR 1 19-900

23

2419-14-8(A) TB
42-24 19-14-8(B) TB

19

20
4-20R 29-14-8 TB

21

22
1

23
24-1005 23-423

24

19
19-151

20

1 21-184 20-901

21-90

21

36 0

23-2-19 23-1026

22
22-185 22-186 23-14-21

23

23-9-22

24
24-16-18 24-12-17 24-902 19-14-12

19
19-533 30-78

20-850 20 1

21

22

3 60

2-29 TB GC1 TB

22-492 22-503 27-85

21-35

140 wells Proximity Statistical Analysis Mapping of Sands & Coals

39 0

24-387 25-390

24-1004 30-195 1

29-154

29-193 28-190 1 28-903 28-189 27-187 27-8-29

41-25

27-457 26-424

26-393

25-389 25-392

26

25

U5

1-30 TB

30
3-30R 4-30R

3-29R

29

28
27-3

27
27-458 27-520 34-493

26
26-395 34-456 26-394 35-396

26-1007

25
30-1062

30

30-15630-1061 30-157 29-1060 29-155 31-197

37

26-6-24 00 M-1

26-1-23 25-4-33 25-7-6

28-863 29-548 29-854 28-862

1 1

3500

38 0 0

29
29-194 28-191

28

1 27-188 28-192

27

27-9-30

26
26-16-8

25
25-11-7 26-1055

30-5-13

30
30-125

29
28-860 29-531 29-549 32-127

28

28-861

27

26

25

43-25

1-31R

4-29R 2-32R 1-32R 1

25-391A 25-391

30-1063 30-196 31-198 36-162 36-906

26-11-25 35-3-26

30-13-14 30-1090 25-9-1

32-158 32-159 33-1072 33-202 33-201 33-203 33 32-161 34-210 34-1-31

36-3-4 RGU1 36-1-2 36-9-5

30-1088 31-126 31-3-3

33-522 27-864 34-865 33-530 33-439 34-868

35

36

31

4-31R

00

38

00

37

02-168 9-452D 11-245 7-307 11-244 1-247 12-243 11-1103 12-242 12-1110 8-231 07-234 5-224 8-230 9-228 9-227 10-219

00

10-1-36

1-1132

39

15S007E
15 22

23-445 14-1116 23-451

24-444

24-443

18-1179 19-496

19-337

14-64

23-106

40 0

17-240 17-241

24-80 13-1169 24-81 24-1189

3 500

34 0 0

31 34 35 36

32

33

34

J-1

35

36
A-1

3 60 0

3 70 0

360 0
3 2

34-518 3-32R

35-397 34-434

31-200 31-199 31-1068 06-330

35-1-9 35-10-27

32-529

32

33

34

35
35-248

36
36-4

31

D-9

32

DREWD-6 33-204 4-216

34

34-9-32

35

36
36-11-11 2-46 1-43 31-12-10 1-42

31
32-128 31-79 31-1 6-39 31-1 6-38 5-94 6-414 6-40

32
32-438

33

34

35

36

35-1080

4-32R 03-442 35-328 3-543D 03-249 02-167 02-166

36-164 01-246 36-165 01-208

6-207

32-160 5-206

33-1074 5-205 4-217

12

35-13-28 03-212 2-47

34-524 03-647 05-266 04-440 5-95 03-647 03-648

4-1139 1-209 06-483

1-1129 03-213

38
1-A

00
7 3 70 0 12
10-174

3
12-323

2
02-169

6-223

D3-0

5
05-225

4
4-226

4-218

3
03-214 10-1154 3-215

2-48

1
1-44 1-1130

1-1131 1-45 6-1228

5
5-96

4-129

4
04-494 10-649 04-130

2-49 11-51

11-50

7-58

8-98 7-1230 8-98X 8-99

8-97 09-413

12-1163 8-1148 8-233

1 1-A

10

11

0 3 60

10
10-525

10-250 11-441

11
11-1106 11-324 0 0 35 12-322

12

7
07-84 18-308 13-326 7-235 18-236

8-232

9
1 9-229

Drunkards Wash
10-1155 09-329

D8

12-1160 12-54

09-450 10-695

10

11-1157 10-1156 41-15

11

11-1158 11-52

12

12-55

7-57 7-60

7 7-1229

8-100

09-412 9-1237

09-453

10

11

12

10-526

10-220 10-221 22-15

11-53

12-56

15-420 14-1114 14-386

13-1112 M-3 18-905 18-1178

17-239 17-238 17-1176 17-1174 23-16

12-16

41-16

14-62 11-1159

14-61

12-15-37 13-66 13-65

7-59 18-69 18-70

17-102

17-101 16-131 16-454 D-14 16-521

10-696 15-674

H1

18 14 13

17

015S008E
21 22 22-466
15-528D 27-545

16

15

14

13-327 14-325 14-1115 13-418

1-16

1-15

34-15

13
13-419

18-495

18

17

14-416 14-417

17-1175 18-237

015S009E
21-401

16

15

14

14-63

13-68 13

13-67 13-1167

UTU-67921X 18-72 18-71

16-132 17-103 17

15-675

18

D-3 19-1246 19-73

17-133 20-287

015S010E
21-83

16

15

14

13

20-334 20-333

19 23

20

15-422

23

3 50 0

24
23-467 15-8-30-11 26-482

23-468

24
24-448 19-497

19 19-1181
20-1183 19-338 25-459 30-485 19-1182 30-484 20-335

20 17-1177
20-336

21
21-331 28-319

32-21 21-332

22-22 13-22

1 23-107

22
32-22

34-22 14-23

23

24-87 34-23 25-134

19-104

24
24-86

19-1249 19-105 30-173

19 19-222

20-398 20-288 20 1 29-455 1 20-399

21

1-A 1 6 1

22
1

23

24

26-481

24-449 25-460

29-340

29-339

D-10 28-318 28-321

22-27

32-27 26-1197

26-255 26-267 25-252

30-289 2

4 3

1 5 1

30 27 26 25

29

28
27-689

27
27-690

26

26-464 25-461 25

25-462

30

30-487

29

29-342

28-320

28

27

27-269

26
26-256

26-1198

25
25-253 25-254

30-251

30

30-290

29

28
3

27
1

26

25

26-463

SWD-1 1 A-2

A-4

30-486

D-7 32-617 D-8

29-341 33-273 32-82

33-272

1-34 35-261 27-268 1 34-258 1 34-270 34-1217

26-257

36-135 36-109

31-310 2

D-5

35-260

A-3

31
32-617D

32
32-277 33-274 05-278

33

33-275

34-271

34
34-259 35-262

35

35-263 36-136

36-137

33 0 0

36

31-311

31

32

33

34

35

36

D-6

4-1267 4-279

G-1 F-1

M-1

B-1

B-3

E-1

32-276 E-3

DrunkardsDRUNKARDSComparison WELLS Wash WASH COMPARISON Wells

02-138 01-312 1-264 02-141 2 1-265

05-343

4-280 3-284

3-283

02-139 2-1264

F-2

G-2

2
K-1

B-2

1
B-4 E-2

E-4 3

05-344 5

05-345

04-281

4
4-282 3-285

3
03-286 10-317

1
1-425

16-8-7-21

E-5 10-415 B-6 B-8 C-1 C-2

08-354 E-7 08-355 08-354 09-359 09-358 10-362

02-140 11-314

D7 11-313

1 5-12

10

11

12

7 10 11 12

10

11

12

10

11

12

PETRA 02/06/2009 12:13:42 PM

Highlights Best Practices Study

Technical Analysis
Study of completion practices, logs and statistical data for 140 wells in close proximity to Gordon Creek Coals and sands are equivalent and can be mapped from Drunkards Wash across Gordon Creek and beyond 140 wells divided into 73 wells with thicker sands and 67 mostly coal wells Statistical solution for gas contribution of sands and coals

Conclusions
Ferron sands and coals at Drunkards Wash continue through Gordon Creek Substantial by-passed pay at Gordon Creek as a result of differences in historical practices at Gordon Creek versus Drunkards Wash Best practice is to complete stimulate and simultaneously produce coals and sands with porosity > 7% and to produce associated water

Highlights Best Practices Study

DRUNKARDS WASH RIVER GAS CORP 03-442 Drunkards Wash 401,382 201,223 GORDON CREEK THUNDERBIRD ENERGY CORP 3-20-14-8

River Gas Corp 03-442

401,382 201,223

Gordon Creek Thunderbird Energy Corp

3-20-14-8

K_FERRON

3550 (3912)

3450 (3587)

3600 (3862)

3500 (3537)

3650 (3812)

3550 (3487)

3700 (3762)

3600 (3437)

3750 (3712)

S BA K_ _M AL AR E IN
3800 (3662)

Sandstone Coal

Highlights Best Practices Study

Forecast Volumes - Economic Limit - 35 mcf/day 32 Years, MMcf, MSTB

Drunkard's Wash - Average Well

500

443

450 400 350

685

216.5

194.8

1330

Gas Rate (mcf/day)

170.6 155.7 137.3

300 250 200 150

242.4
100 50 0

256.4

251.4

211.9

194.4

3 Years on Production

Coal Contribution (Avg. 21.6 ft)

Sand Contribution (Avg. Phi x h = 2.20)

Full Cycle Economic Analysis

NYMEX Gas Price vs. IRR and Payout

180 160

PAYOUT (MTHS)

IRR (%)

IRR (%) , Payout (MTHS)

140 120 100 80 60 40

20 (Current Price)
0 0 1 2 3 4 5 6 7 8 9

NYMEX GAS PRICE (US $)

Shale Gas Play Comparisons

Gordon Creek - Compared to a Ranking of the Various Natural Gas Shale Plays
$8.00
$7.00

* Break Even - $/Mcf

$6.00 $5.00 $4.00

$3.00
$2.00 $1.00 $0.00

* Economic Break Even Assumes 20% Before Tax Return on Capital and Excludes Sunk Costs (Acreage, overhead, etc.)

Full Cycle - Economic Analysis

Well Parameters
To be conservative, we have assumed a 25% reduction in reserves and IP rates Average reserves of 1.45 Bcf per well First year average rate of 370 mcf/day raw gas Average SITLA, Fee or BLM Royalty = 16.5% Est. drill, complete, equip and tie-in $750,000 US Land acquisition cost per location $16,000 US Mainline cost per well $25,000 US

Operating cost - $1000 per well per month plus $0.45/mcf

Transportation offset to NYMEX gas price = $0.50 US

Conclusions
Full cycle break even price roughly $2.00 NYMEX $4.00 NYMEX flat price yields a 38.6% Internal Rate of Return $5.50 NYMEX yields a 66.9% IRR and a 18 month payout

Mancos Shale Lower Blue Gate Member

GORDON CREEK THUNDERBIRD ENERGY CORP 1-30-14-8

1,500 to 1,800 ft of thick uniform calcareous shale.

Overlain and underlain by established sandstone / coal gas reservoirs.

Over 1,000 ft has TOC (type II and mixed type II-III kerogen) greater than 1.0%, 680 feet has TOC greater than 1.5%, and nearly 200 feet has TOC greater than 2.0%. Chronologically and Stratigraphically equivalent to the White Specks/Medicine Hat shale play in southern Alberta.
2450 (5174) 2350 (5274)

2400 (5224)

Is an under pressured reservoir that can greatly benefit from advancements in Propane Fracturing technologies.
2500 (5124)

The OMIMEX STATE 18-1A at Gordon Creek tested 1 MMcf/d and came on un-stimulated at 270 Mcf/d. Large mud gas readings, and widespread gas shows all demonstrate the strong potential for widespread development of this shale gas reservoir.
Gamma Ray 0-150 API
2550 (5074)

2600 (5024)

Gas Detector

Recent Drilling Activity and Results

XTO (Exxon) New Western Ferron Extension

6 locations 2 drilled at the end of 2009. 30 day average test rates of 500 Mcf/d. Not yet tied-in.

XTO/ConocoPhillips - Southwestern Ferron Extension

15 new drills since 2006 6-8 wells a section. IP rates from 200 Mcf/d 1.5 MMcf/d.

Development Plan Growth Summary

Status Quo
Sandstorm Funding Gross Capital (US M$) Land Drilling/Completion/Equip Workovers Gathering & Facility TOTAL (Net Thunderbird) Production (boe/day) Gross Net Net RESERVES (Bcfe) Proven Probable TOTAL 2P Field Cash Flow (M$/Month) Net 150 101 9.3 21.7 30.9

Stage 1
15,000 500 11,250 (15 wells) 2,000 (5 wells) 700 14,450 (550) 1,169 to 1,399 760 to 909 37.7 to 52.0 29.0 to 40.0 66.7 to 92.0

Stage 2
10,000 450 26,250 (35 wells) 2,250 28,950 18,950 2,964 to 3,713 1,927 to 2,413 150.8 to 208.0 ____ _-______ 150.8 to 208.0

ASSUMPTIONS
Production per well 350 to 450 mcf/day Reserves per well of 1.45 to 2.0 bcf Netback of $2.25 per mcf assuming NYMEX price of $4.00 per mcf

47

387 to 462

995 to 1240

Summary acquire 31 sections, work over 5 existing wells, drill 50 new wells and build 8 mile main pipeline to add net Thunderbird; 1826+ boe/day and 119.9+ bcf of 2P reserves (141.5+ bcf of 1P reserves) Total Capital - $43.4 million ($18.4 million net Thunderbird)

Development Plan Asset Growth

Status Quo
P&NG Value @ 10% (CDN MM$) P&NG Value @ $1.50/mcf (CDN MM$) Working Capital (CDN MM$) Debt (CDN MM$) Shares Outstanding (Millions) Asset Value/Share (Basic) (CDN $) Asset Value/Share (F.D.) (CDN $)

Stage 1 -

Stage 2 -

43.9*

100.0 +
15.5 10.0 80.0 $0.55 1.6 10.0 81.0 $1.13

226.2
(9.1)/0.3** 10.0 82.7 $2.50

$0.50

$0.85

$1.77

* January 2011 NI 51-101 Valuation (Proforma Closing Sandstorm Funding) ** Assuming exercise of all warrants (Fully Diluted)

Gordon Creek - CO2

Known Gordon Creek CO2 Pool 3rd Party studies conducted by the USGS, the DOE and others estimate CO2 reserves between 140 BCF and 1.3 TCF Gordon Creek exploration wells drilled in 1960s and 1970s tested between 4.5 and 17.5 mmcf/day Food and Beverage Oil Field Operations (Fracking) Enhanced Oil Recovery (EOR) Uinta Basin Current estimated EOR value of $25 per ton ($1.50/MCF) $25 million+ in potential annual sales (at 1 million tons/year)

Potential Markets

Commercial Value

OIL FOCUS : Duchesne County, Utah

Prolific Green River Shale Oil Play New Practices Typical well first year average oil rate in excess of 200 barrels per day Vertical well depths 5000 to 8000 cost $1.0 to $1.2 million

Duchesne, Utah

Land Acquisition Mode Freehold lands and Ute Tribe own large tracts of land here.

OIL : Weston County, Wyoming

Weston County, WY

Lands are highly prospective for the new Niobrara horizontal oil shale play 2011 test well with Niobrara oil shows Further testing and/or horizontal drilling required to assess

Donkey Creek North Brennan Olds Duvall Ranch Donkey Creek Slattery

Robinson Ranch Grasshopper Butte Robinson Ranch South Kara

Thornton

Multiple horizons with oil potential Adjacent fields have produced over 100 million barrels of oil and 40 BCF of gas to date, including:

Coyote Creek Coyote Creek South Raven Creek

Coyote Creek (25 million barrels)

Raven Creek (50 million barrels)

Coyote Creek

Coyote Creek South Walking Stick Four Horse

500,000 barrel reserves potential per well on 40 acre spacing

OIL : Weston County, Wyoming

Niobrara 2010 Permits > 3000

Thunderbird Lands

Market Summary

Market Summary TSX-V: Shares Outstanding: Net Asset Value Per Share TBD 80 Million $43.9 million * $0.55

Based on 2011 NI 51-101 Reserve Report Proforma Closing of Sandstorm Metals & Energy Ltd. Funding

Directors & Officers

David Evans- Director, Chairman

Mr. Evans holds a B. Sc. (Honours), (London) as well as a Ph. D. Geology (Wales). He has 30+ years of experience in the oil and gas industry, in both technical and senior management roles. Most notably, Mr. Evans has created, grown and ultimately merged or sold 3 very successful oil and gas public companies, namely Barrington Petroleum Ltd., Defiant Energy Corporation and Defiant Resources Corporation.

W. D. Cameron White - Director, Chief Executive Officer

Mr. White has been involved in the natural resource business since 1981. His experience includes 14 years as a corporate and securities lawyer specializing financing, mergers and acquisitions in the oil and gas and mining sectors. Mr. White has also served as a director of numerous natural resource companies.

Rick Ironside Director, President and Chief Operating Officer

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 10 years in senior management roles. Most recently, Mr. Ironside served as President and CEO of Defiant Resources Corporation. Mr. Ironside has also recently founded Green Fuels Factory Inc, whose mandate is to build the first zero CO2 emission coal to liquids plant in Alberta.

Directors & Officers

Stephen Cheikes Director

Mr. Cheikes is a lawyer who practiced in New York and Los Angeles before moving to Vancouver. During the last 10 years Mr. Cheikes has created and operated a number of tax-assisted investment vehicles that have resulted in the investment of hundreds of millions of dollars in the film industry.

Jim Podruski- Director

Professional Geologist with 25 years of experience in the petroleum industry and government agencies, assessing petroleum potential and exploring for and developing hydrocarbon reserves in several basins in Canada, SE Asia, and Latin America. Worked as a Geologist for major, intermediate, and junior oil companies. Published extensively with the Geological Survey of Canada, has been a Director of 3 junior companies. Former President and CEO of Alturas Resources. Experienced in directing all facets of petroleum exploration programs. Holds an MSc Geology from the University of Southern California.

Tim Gamble Director and Corporate Secretary

Mr. Gamble is a successful entrepreneur who presently oversees business operations at Thunderbird Films, with a particular focus on corporate finance, and strategic alliances, as well as Executive Production services of feature films and television series. Tim is the founder and former President of Peace Arch Entertainment Group Inc., which is listed on the TSX and AMEX stock exchanges.

Directors & Officers

Alan J. Walker - Director

Mr. Walker holds a B.Sc. in Mechanical Engineering from the U.S. Military Academy at West Point and an MBA from Rensselaer Polytechnic Institute in Production Management. His previous employment includes positions with General Electric, Amoco Production and Questar Energy. Mr. Walker has extensive military service in the U.S. Army including special operations work throughout Europe and the Pacific, and most recently as the operations liaison for General Petraeus in Baghdad during the surge in early 2008. Mr. Walker is currently the technology outreach director of the USTAR initiative and has been working closely with Thunderbird on the SWP deep saline CO2 sequestration project.

Rupert Evans- Vice President of Geosciences

Mr. Evans holds a B.Sc. Geology from the University of Calgary. Mr. Evans has a lead role in the development of Thunderbird's 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.

Barry Brumwell 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 multifrac completions.

Forward Looking Statements

Certain information contained in this presentation has been obtained from generally recognized, third-party sources and has not been verified independently by the Company. Certain statements contained in this presentation may constitute forward-looking statements which involve risks and uncertainties that could cause actual events or results to differ materially from the estimated or anticipated events or results implied or expressed in such forward-looking statements. Statements contained herein reflect the current internal projections, expectations and beliefs of the Company based on information currently available to the Company, and the Company assumes no obligation to update or revise these statements. The Company, nor any of its respective affiliates or representatives, does not make any representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein or any other written or oral communication made available in connection herewith. Only those representations and warranties that are made in a definitive written agreement relating to a Transaction, when and if executed, shall have any legal effect. This presentation does not purport to contain all of the information required to evaluate all of the factors that may be relevant to an interested party considering a Transaction with the Company. The ability of the Company to execute its growth initiatives as described in this presentation is dependant upon the Company obtaining sufficient additional capital resources, however there can be no assurance that such growth initiatives will be successful even if such additional capital resources are obtained. Interested parties must rely upon their own due diligence, investigation, review and analysis, and should consult such persons own professional advisors in connection with any transaction involving the Company. The information contained herein is for informational purposes only, and this document is not to be construed under any circumstances to be (a) an offering or solicitation for the sale of securities; (b) a recommendation to purchase, sell or hold any securities; (c) or an offering memorandum as contemplated by applicable securities laws.

Organization

THUNDERBIRD ENERGY CORPORATION

Thunderbird Energy Inc. (US)

Corporate Information
Listed TSX Venture Exchange: Symbol TBD

Calgary Office
Suite 800, 555 4th Avenue SW Calgary, Alberta T2P 3E7 Tel: 403-453-1608 Fax: 403-453-1609

Vancouver Office
Suite 401 533 Smithe Street Vancouver, BC V6B 6H1 Tel: 604-707-0373 Fax: 604-707-0378

www.thunderbirdenergy.com