TBD Gordon Greek Energy, Inc.

THIS NEWS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION
TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT
CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN.


Thunderbird Energy Corp. (TSX VENTURE:TBD) (the "Company") today announced that
effective December 22, 2010, the previously announced $7.5 million 3 year,
secured, natural gas linked debenture (the "Gas Linked Debentures") offering has
been fully subscribed. Purchasers who participated in the final closing of the
Gas Linked Debentures were issued transferable warrants (the "Debenture
Warrants") to purchase up to 315,000 common shares of the Company at escalating
prices between $0.30 and $0.50 per share until October 31, 2013. The Company
also issued non-transferable Finder's Warrants to purchase up to 5,000 common
shares of the Company at a price of $0.20 per share until October 31, 2013. All
securities issued pursuant to the final closing are subject to hold periods in
Canada expiring April 23, 2011. 


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. 


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.

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