Thunderbird Energy Corp.: Gordon Creek Completion Program Amendment to Sandstorm Commodity Stream Agreement

Thunderbird Energy Corp. (TSX VENTURE:TBD) (the "Company") is pleased to
announce that it is securing services to commence the completion and tie in of
the 8 wells drilled during the 2011/2012 Gordon Creek winter drilling program.
(A more complete discussion of the 2011/2012 drilling program, including results
to date, are contained in the Company's June 1, 2012 news release.) The
completion and tie in programs are expected to commence in July 2012. Completion
programs will vary somewhat for each well depending on pay zone thicknesses and
porosities, but will typically involve fracture stimulating the wells, equipping
them and tying them into the existing Gordon Creek pipeline and infrastructure. 


A substantial portion of the funding for the Company's Gordon Creek development
program operations is being provided through a $25 million commodity stream
agreement with Sandstorm Metals & Energy Ltd. ("Sandstorm") Under the terms of
the agreement, Sandstorm advanced the Company $15 million in 2011 and is
scheduled to advance the remaining balance of $10 million in 2013 upon the
Company drilling a total of 20 new wells and completing workovers of 5 existing
wells. The Company has recently negotiated an amendment to its agreement with
Sandstorm whereby Sandstorm will immediately advance $3 million of the $10
million originally due in 2013, in order to facilitate the current 8 well
completion program. In exchange, the Company has agreed to expand the boundaries
of the area of mutual interest ("AMI") set out in the original Sandstorm
agreement by roughly 2 miles on all sides. This will provide Sandstorm with the
right to continue to participate with Thunderbird over a substantially expanded
area as the development operations at Gordon Creek grow in the future.


Thunderbird Energy is a Canadian-based oil and gas exploration and production
Company with interests in the US Rockies and mid-continent regions. 


Caution Regarding Forward- looking information

Information in this news release respecting anticipated petroleum and natural
gas reserves and valuations, as well as the Company's proposed development
operations 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 unless required by applicable securities legislation. 


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.