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| Delaware                    | 1000                             | N/A                                 |
|-----------------------------|----------------------------------|-------------------------------------|
| State      of Incorporation | Primary      Standard Industrial | I.R.S.                         |
|                             | Employer      Classification     |        Identification      No. |
|                             |        Code      Number #   |                                |

|  Large Accelerated Filer o |   |  Non-Accelerated Filer o                        |
|---------------------------------|--------|------------------------------------------------------|
|                            |   |  (Do not check if a smaller reporting  company) |
|                            |   |                                                 |
|                            |   |                                                 |
|  Accelerated Filer o       |   | Smaller      reporting company x                     |

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| PART      I - FINANCIAL INFORMATION - UNAUDITED | Page                                                                                          |
|-------------------------------------------------|-----------------------------------------------------------------------------------------------|
|                                            |                                                                                          |   |
|  Item      1.                              | BALANCE      SHEETS                                                                           |  4 |
|                                            | INTERIM      STATEMENTS OF OPERATIONS                                                         |  5 |
|                                            | INTERIM      STATEMENT OF STOCKHOLDERS’ EQUITY                                          |  6 |
|                                            | INTERIM      STATEMENTS OF CASH FLOWS                                                         |  7 |
|                                            | NOTES      TO INTERIM FINANCIAL STATEMENTS                                                    |  8 |
|  Item      2.                         | Management's      Discussion and Analysis of Financial Condition and Plan of      Operations. |  11 |
|  Item      3.                              | Quantitative      and Qualitative Disclosures About Market Risk                               |  15 |
|  Item      4.                              | Controls      and Procedures                                                                  |  15 |

|  PART      II - OTHER INFORMATION |  Page                                                                  |
|----------------------------------------|-----------------------------------------------------------------------------|
|                                   |                                                                        |   |
| Item      1.                      | Legal      Proceedings                                                      |  17 |
| Item      2.                           | Unregistered  Sales      of Equity Securities and Use of Proceeds |  17 |
| Item      3.                 | Defaults      Upon Senior Securities                                        |  17 |
| Item      4.                 | Submission      of Matters to a Vote of Security Holders                    |  17 |
| Item      5.                 | Other      Information                                                      |  17 |
| Item      6.                           | Exhibit      and Reports on Form 8-K                                        |  17 |

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|                                                                                                                                                                                                                                                                                                                                       |   |   June      30, 2008(Unaudited) |    |   |   December      31,2007(Audited) |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------------------------------|---------|--------|--------------------------------------------|--------|
|                                                       ASSETS |   |                                      |    |   |                                       |   |
|                                                                                                                                                                                                                                                                                                                                       |   |                                      |    |   |                                       |   |
| CURRENT      ASSETS                                                                                                                                                                                                                                                                                                                        |   |                                      |    |   |                                       |   |
|      Cash                                                                                                                                                                                                                                                                                                         |   | $                                         | 773     |   |                                       | $      | 1,771 |   |
|                                                                                                                                                                                                                                                                                                                                       |   |                                      |    |   |                                       |   |   |   |
|       TOTAL      ASSETS                                                                                                                                                                                                                                                                                      |   | $                                         | 773     |   |                                       | $      | 1,771 |   |
|                                                                                                                                                                                                                                                                                                                                       |   |                                      |    |   |                                       |   |   |   |
|            LIABILITIES AND STOCKHOLDERS’      EQUITY (DEFICIT)                                                                                                                                                                                                                |   |                                      |    |   |                                       |   |   |   |
|                                                                                                                                                                                                                                                                                                                                       |   |                                      |    |   |                                       |   |   |   |
| CURRENT      LIABILITIES                                                                                                                                                                                                                                                                                                                   |   |                                      |    |   |                                       |   |   |   |
|       Accounts      payable and accrued liabilities                                                                                                                                                                                                                                                          |   | $                                         | 8,330   |   |                                       | $      | 15,118 |   |
|        Loan      payable (Note 9)                                                                                                                                                                                                                                                                       |   |                                      | 19,333  |   |                                       |   | - |   |
|       Due      to related party (Note 6)                                                                                                                                                                                                                                                                     |   |                                      | 5,166   |   |                                       |   | 5,166 |   |
|                                                                                                                                                                                                                                                                                                                                       |   |                                      |    |   |                                       |   |   |   |
|       TOTAL      LIABILITIES                                                                                                                                                                                                                                                                                 |   |                                      | 32,829  |   |                                       |   | 20,284 |   |
|                                                                                                                                                                                                                                                                                                                                       |   |                                      |    |   |                                       |   |   |   |
|                                                                                                                                                                                                                                                                                                                                       |   |                                      |    |   |                                       |   |   |   |
|                          STOCKHOLDERS’      EQUITY (DEFICIT )                                                                                                                                           |   |                                      |    |   |                                       |   |   |   |
|   Capital stock (Note      5)                                                                                                                                                                                                                                                                                                         |   |                                      |    |   |                                       |   |   |   |
|    Authorized                                                                                                                                                                                                                                                                                                               |   |                                      |    |   |                                       |   |   |   |
|     75,000,000      shares of common stock, $0.0001 par value,                                                                                                                                                                                                                                                         |   |                                      |    |   |                                       |   |   |   |
|   Issued and      outstanding                                                                                                                                                                                                                                                                                                    |   |                                      |    |   |                                       |   |   |   |
|     13,220,000      (December 31, 2007– 13,220,000) shares of common Stock                                                                                                                                                                                                                                       |   |                                      | 132     |   |                                       |   | 132 |   |
|   Additional paid-in      capital                                                                                                                                                                                                                                                                                                     |   |                                      | 18,968  |   |                                       |   | 18,968 |   |
|   Deficit accumulated during      the exploration stage                                                                                                                                                                                                                                                                               |   |                                      | (51,156 | )      |                                       |   | (37,613 | ) |
|                                                                                                                                                                                                                                                                                                                                       |   |                                      |    |   |                                       |   |   |   |
|       Total      Equity ( Deficit)                                                                                                                                                                                                                                                                           |   |                                      | (32,056 | )      |                                       |   | (18,513 | ) |
|                                                                                                                                                                                                                                                                                                                                       |   |                                      |    |   |                                       |   |   |   |
|  TOTAL      LIABILITIES AND STOCKHOLDERS’ EQUITY(DEFICIT)                                                                                                                                                                                                                                                                       |   | $                                         | 773     |   |                                       | $      | 1,771 |   |

----

|                                           |   |     Three      months endedJune      30, 2008 |         |   |     Three      months endedJune      30, 2007 |   |    |     Six      months endedJune      30, 2008 |   |   |     Six      months endedJune      30, 2007 |   |   |  Cumulative      results of operations fromJuly      15,2005      (date ofinception)      toJune      30, 2008 |    |
|------------------------------------------------|--------|------------------------------------------------------------------------|--------------|--------|-------------------------------------------------------------------|--------|---------|----------------------------------------------------------------------|--------|--------|-----------------------------------------------------------------|--------|--------|---------------------------------------------------------------------------------------------------------------------|---------|
|                                           |   |                                                                   |         |   |                                                              |   |    |                                                                 |   |   |                                                            |   |   |                                                                                                                |    |
|                                           |   |                                                                   |         |   |                                                              |   |    |                                                                 |   |   |                                                            |   |   |                                                                                                                |    |
| EXPENSES                                       |   |                                                                   |         |   |                                                              |   |    |                                                                 |   |   |                                                            |   |   |                                                                                                                |    |
|                                           |   |                                                                   |         |   |                                                              |   |    |                                                                 |   |   |                                                            |   |   |                                                                                                                |    |
|   Exploration &      development |   | $                                                                      | -            |   |                                                              | $      | 3,415   |                                                                 |   | $      | -                                                               |   |   | $                                                                                                                   | 3,415   |   |   | $ | 6,980 |   |
|   Office and      general            |   |                                                                   | 3,482        |   |                                                              |   | 492     |                                                                 |   |   | 3,663                                                           |   |   |                                                                                                                | 611     |   |   |   | 8,805 |   |
|   Professional      fees             |   |                                                                   | 2,980        |   |                                                              |   | 7,807   |                                                                 |   |   | 9,880                                                           |   |   |                                                                                                                | 8,307   |   |   |   | 35,371 |   |
|                                           |   |                                                                   |         |   |                                                              |   |    |                                                                 |   |   |                                                            |   |   |                                                                                                                |    |   |   |   |   |   |
| NET      AND COMPREHENSIVE LOSS                |   | $                                                                      | (      6,462 | )      |                                                              | $      | (11,714 | )                                                                    |   | $      | (13,543                                                         | )      |   | $                                                                                                                   | (12,333 | ) |   | $ | (51,156 | ) |

|                                                              |   |   |              |   |   |   |       |   |   |   |       |   |
|-------------------------------------------------------------------|--------|--------|-------------------|--------|--------|--------|------------|--------|--------|--------|------------|--------|
| BASIC      AND DILUTEDNET      LOSS PER SHARE                     |   | $      | (0.00             | )      |   | $      | (0.00      | )      |   | $      | (0.00      | )      |   | $ | (0.00 | ) |
|                                                              |   |   |              |   |   |   |       |   |   |   |       |   |   |   |   |   |
| WEIGHTED      AVERAGENUMBER      OF COMMONSHARES      OUTSTANDING |   |   |   13,220,000 |   |   |   | 13,220,000 |   |   |   | 13,220,000 |   |   |   |    13,220,000 |   |

----

|                                                                                                                        |   |  Common      Stock |             |   | Additional      Paid-in |   |      | Deficit      Accumulated During the Exploration |   |   |          |   |
|-----------------------------------------------------------------------------------------------------------------------------|--------|-------------------------|------------------|--------|-------------------------|--------|-----------|-------------------------------------------------|--------|--------|---------------|--------|
|                                                                                                                        |   | Number      of shares   |             |   | Amount                  |   |      | Capital                                         |   |   | Stage         |   |   | Total |   |
|                                                                                                                        |   |                    |             |   |                    |   |      |                                            |   |   |          |   |   |   |   |
| Balance,      July 15, 2005 (Date of Inception)                                                                             |   |                    | -                |   |                    | $      | -         |                                            |   | $      | -             |   |   | $ | - |   |   | $ | - |   |
|                                                                                                                        |   |                    |             |   |                    |   |      |                                            |   |   |          |   |   |   |   |   |   |   |   |   |
| Common stock issued for cash at $0.0003 pershare  - September 30,      2005                                       |   |                    | 10,000,000       |   |                    |   | 100       |                                            |   |   | 2,900         |   |   |   | - |   |   |   | 3,000 |   |
| Net      loss for the period                                                                                                |   |                    | -                |   |                    |   | -         |                                            |   |   | -             |   |   |   | (702 | ) |   |   | (702 | ) |
| Balance, December 31, 2005                                                                                                  |   |                    | 10,000,000       |   |                    |   | 100       |                                            |   |   | 2,900         |   |   |   | (702 | ) |   |   | 2,298 |   |
|                                                                                                                        |   |                    |             |   |                    |   |      |                                            |   |   |          |   |   |   |   |   |   |   |   |   |
|  Common      stock issued for cash @ $0.005    per      share.  - December 14,      2006 |   |                    |   3,220,000 |   |                    |   |   32 |                                            |   |   |   16,068 |   |   |   |   - |   |   |   |    16,100 |   |
| Net      loss for the year                                                                                                  |   |                    | -                |   |                    |   | -         |                                            |   |   | -             |   |   |   | (8,725 | ) |   |   | (8,725 | ) |
|  Balance,      December 31, 2006                                                                                       |   |                    | 13,220,000       |   |                    |   |  132 |                                            |   |   |  18,968  |   |   |   | (9,427 | ) |   |   |  9,673 |   |
|                                                                                                                        |   |                    |             |   |                    |   |      |                                            |   |   |          |   |   |   |   |   |   |   |   |   |
| Net      loss for  the year                                                                                       |   |                    |             |   |                    |   |      |                                            |   |   |          |   |   |   | (28,186 | ) |   |   | (28,186 | ) |
|  Balance,      December 31, 2007                                                                                       |   |                    | 13,220,000       |   |                    |   | 132       |                                            |   |   | 18,968        |   |   |   | (37,613 | ) |   |   | (18,513 | ) |
|                                                                                                                        |   |                    |             |   |                    |   |      |                                            |   |   |          |   |   |   |   |   |   |   |   |   |
| Net      loss for the period ended June 30, 2008                                                                            |   |                    | -                |   |                    |   | -         |                                            |   |   | -             |   |   |   | (13,543 | ) |   |   | (13,543 | ) |
|  Balance,      June 30, 2008                                                                                           |   |                    | 13,220,000       |   |                    | $      | 132       |                                            |   | $      | 18,968        |   |   | $ | (51,156 | ) |   | $ | (32,056 | ) |

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|                                                                                                                |   | Three      monthsendedJune      30, 2008 |    |   |        Three      monthsendedJune      30, 2007 |   |    |         Six      monthsendedJune      30, 2008 |   |   |         Six      months endedJune      30, 2007 |   |   |    Cumulative      results of operations from inception (July 15, 2005) to June 30,      2008 |          |
|---------------------------------------------------------------------------------------------------------------------|--------|------------------------------------------|---------|--------|------------------------------------------------------------------------------------|--------|---------|----------------------------------------------------------------------------------------|--------|--------|-----------------------------------------------------------------------------------------|--------|--------|-------------------------------------------------------------------------------------------------------------------|---------------|
|                                                                                                                |   |                                     |    |   |                                                                               |   |    |                                                                                   |   |   |                                                                                    |   |   |                                                                                                              |          |
|                                                                                                                |   |                                     |    |   |                                                                               |   |    |                                                                                   |   |   |                                                                                    |   |   |                                                                                                              |          |
| Cash      Flows From Operating Activities                                                                           |   |                                     |    |   |                                                                               |   |    |                                                                                   |   |   |                                                                                    |   |   |                                                                                                              |          |
|   Net      loss                                                                                           |   | $                                        | (6,462  | )      |                                                                               | $      | (11,714 | )                                                                                      |   | $      | (13,543                                                                                 | )      |   | $                                                                                                                 | (12,333       | ) |   | $ | (51,156 | ) |
|   Change in non-cash      working capital   -accounts payable      and accrued liabilities |   |                                     | (12,754 | )      |                                                                               |   | 7,807   |                                                                                   |   |   | (6,788                                                                                  | )      |   |                                                                                                              | 8,309         |   |   |   | 8,330 |   |
| Net      Cash Used In Operating Activities                                                                          |   |                                     | (19,216 | )      |                                                                               |   | (3,907  | )                                                                                      |   |   | (20,331                                                                                 | )      |   |                                                                                                              | (4,024        | ) |   |   | (42,826 | ) |
|                                                                                                                |   |                                     |    |   |                                                                               |   |    |                                                                                   |   |   |                                                                                    |   |   |                                                                                                              |          |   |   |   |   |   |
| Cash      Flows From Investing Activity                                                                             |   |                                     | -       |   |                                                                               |   | -       |                                                                                   |   |   | -                                                                                       |   |   |                                                                                                              | -             |   |   |   | - |   |
|                                                                                                                |   |                                     |    |   |                                                                               |   |    |                                                                                   |   |   |                                                                                    |   |   |                                                                                                              |          |   |   |   |   |   |
| Cash      Flows From Financing Activities                                                                           |   |                                     |    |   |                                                                               |   |    |                                                                                   |   |   |                                                                                    |   |   |                                                                                                              |          |   |   |   |   |   |
|   Proceeds from sale      of common stock                                                                 |   |                                     |    |   |                                                                               |   |    |                                                                                   |   |   |                                                                                    |   |   |                                                                                                              |          |   |   |   | 19,100 |   |
|   Related party      advance                                                                              |   |                                     |    |   |                                                                               |   |    |                                                                                   |   |   |                                                                                    |   |   |                                                                                                              |          |   |   |   | 5,166 |   |
|   Loan      Advancement                                                                                   |   |                                     | 19,333  |   |                                                                               |   | -  |                                                                                   |   |   |  19,333                                                                            |   |   |                                                                                                              |   - |   |   |   | 19,333 |   |
| Net      Cash Provided By Financing Activities                                                                      |   |                                     | 19,333  |   |                                                                               |   | -       |                                                                                   |   |   | 19,333                                                                                  |   |   |                                                                                                              | -             |   |   |   | 43,599 |   |
|                                                                                                                |   |                                     |    |   |                                                                               |   |    |                                                                                   |   |   |                                                                                    |   |   |                                                                                                              |          |   |   |   |   |   |
| Net      Increase (Decrease) In Cash                                                                                |   |                                     | 117     |   |                                                                               |   | (3,907  | )                                                                                      |   |   | (998                                                                                    | )      |   |                                                                                                              | (4,024        | ) |   |   | 773 |   |
|                                                                                                                |   |                                     |    |   |                                                                               |   |    |                                                                                   |   |   |                                                                                    |   |   |                                                                                                              |          |   |   |   |   |   |
| Cash,      Beginning Of Period                                                                                      |   |                                     | 656     |   |                                                                               |   | 13,055  |                                                                                   |   |   | 1,771                                                                                   |   |   |                                                                                                              | 13,172        |   |   |   | - |   |
|                                                                                                                |   |                                     |    |   |                                                                               |   |    |                                                                                   |   |   |                                                                                    |   |   |                                                                                                              |          |   |   |   |   |   |
| Cash,      End Of Period                                                                                            |   | $                                        | 773     |   |                                                                               | $      | 9,148   |                                                                                   |   | $      | 773                                                                                     |   |   | $                                                                                                                 | 9,148         |   |   | $ | 773 |   |
|                                                                                                                |   |                                     |    |   |                                                                               |   |    |                                                                                   |   |   |                                                                                    |   |   |                                                                                                              |          |   |   |   |   |   |

| Interest |   | $ | - |   |   | $ | - |   |   | $ | - |   |   | $ | - |   |   | $ | - |   |
|----------|--------|---|---|--------|--------|---|---|--------|--------|---|---|--------|--------|---|---|--------|--------|---|---|--------|

| Income taxes |   | $ | - |   |   | $ | - |   |   | $ | - |   |   | $ | - |   |   | $ | - |   |
|--------------|--------|---|---|--------|--------|---|---|--------|--------|---|---|--------|--------|---|---|--------|--------|---|---|--------|

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| BLUEBIRD      EXPLORATION COMPANY(An      Exploration Stage Company) NOTES      TO THE INTERIM  FINANCIAL STATEMENTSJUNE      30, 2008(Unaudited-Prepared      by Management) |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| JUNE      30, 2008(Unaudited-Prepared      by Management) |
|-----------------------------------------------------------|

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| JUNE      30, 2008(Unaudited-Prepared      by Management) |
|-----------------------------------------------------------|

|                     |   | US      equivalent |   |   | Canadian      Dollars |   |
|--------------------------|--------|--------------------|--------|--------|-----------------------|--------|
|                     |   |               |   |   |                  |   |
| Accrued      liabilities |   | $                  | 3,754  |   |                  | $      | 3,870 |   |
| Loan      payable        |   | $                  | 19,333 |   |                  | $      | 20,000 |   |

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| Mobilization/Demobilization                 |                             |   | $ | 2,000 |   |
|---------------------------------------------|----------------------------------|--------|---|-------|--------|
| Geologist                                   |  (3      days @ $400/day)   |   | $ | 1,200 |   |
| Geotechnician                               |  (3      days @ $300/day)   |   | $ | 900   |   |
| Equipment      rental, fuel, food, supplies |                             |   | $ | 700   |   |
| Assays                                      |  (20      @ $30 each)       |   | $ | 600   |   |
| Helicopter                                  |  (3      hours @ $800/hour) |   | $ | 2,400 |   |
| Report                                      |                             |   | $ | 500   |   |
| Filing      Fees                            |                             |   | $ | 200   |   |
| Total                                       |                             |   | $ | 8,500 |   |

| Mobilization\Demobilization                 | $ | 5,000  |   |
|---------------------------------------------|---|--------|--------|
| Airborne      MAG-EM Survey                 | $ | 12,500 |   |
| Horizontal      Loop Electromagnetic Survey | $ | 9,500  |   |
| Data      Reduction and Report              | $ | 2,500  |   |
| Administration      Fees and Taxes          | $ | 7,000  |   |
| Total                                       | $ | 36,500 |   |

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|     Bluebird      Exploration Company. |                                                                                                                               |
|------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------|
|                                                       |                                                                                                                               |
|     Dated:      August 7, 2008         | /s/      Peter Lawrence      Wells                 |
|                                                       | Peter      Lawrence Wells                                                                                                          |
|                                                       | Chief      Executive Officer and                                                                                                   |
|                                                       | Chief      Financial Officer                                                                                                       |

----