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TBD Gordon Greek Energy, Inc.

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Share Name Share Symbol Market Type
Gordon Greek Energy, Inc. TSXV:TBD TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Thunderbird Energy Corp.: Gordon Creek Completion Program Update

09/10/2012 2:01pm

Marketwired Canada


Thunderbird Energy Corp. (TSX VENTURE:TBD)(OTCBB:TBDYF) (the "Company") today
announced that it has completed the fracture stimulation phase of the eight well
Gordon Creek 2012 fall completion program. The Company is pleased with the
execution of the frac program, which was carried out on time and on budget in
accordance with Thunderbird's design specifications. The Company expects to be
in a position to assess initial gas flow rates once the wells are tied in to
production, residual frac fluids have been recovered and the well de-watering
process has begun. 


The completion program has been carried out in parallel with the design and
installation of important new Gordon Creek infrastructure that will facilitate
the current completion program, as well as substantial future expansion at
Gordon Creek. These activities have included:




--  The design, fabrication and installation of a 350 KW natural gas
    generation (350KW diesel backup) facility which is designed to provide
    sufficient capacity to power up to 20 fully loaded pumpjack equipped
    wells. The generation facility includes a load management system that
    allows for the addition of 2 more 350 KW natural gas generators. It is
    anticipated that over time with normal dewatering of the wells, a 350 KW
    generator will be able to service up to 50 pumping wells. 
--  Upgrading the Gordon Creek compressor facility to increase the existing
    compression capacity to roughly 10 mmcf per day. The compression
    facility is designed to permit further scalability as production grows. 
--  Sourcing and acquiring pump jacks, separators and related surface
    equipment in order to service the current completion program and the
    next round of drilling. 
--  The construction of access roads, underground pipelines and wiring
    conduits necessary to tie in the recently completed 8 wells.



At this stage, most of the materials are at the site, the construction tenders
have been awarded and the construction of underground pipelining, and electric
cable is well underway. The current schedule is to commence production from all
8 new wells and complete the entire field electrification by the end of October.


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


Website: www.thunderbirdenergy.com

Caution Regarding Forward-looking information

Information in this news release respecting anticipated petroleum and natural
gas production, 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.


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