Sandstorm Metals & Energy Ltd. has agreed to advance a $3 million payment to Thunderbird Energy Corp. This $3 million will be deducted from the scheduled $10 million payment that is due to Thunderbird in May 2013, thereby reducing the scheduled May 2013 payment to $7 million. In consideration for the accelerated payment, Sandstorm's natural gas purchase agreement will cover an expanded area of interest. Sandstorm is entitled to purchase 35% of all natural gas produced from Thunderbird's Gordon Creek project for $1.00 per mcf. Thunderbird will be using the proceeds of the advanced payment to complete and equip the 8 wells that have been drilled at Gordon Creek since late 2011. Thunderbird has committed to drill a total of 50 new wells and complete workover operations on 5 existing wells by December 31, 2013.