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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 |                                                                                         |
|-------------------------------------------------|----------------------------------------------------------------------------------------------|
|                                            |                                                                                         |   |
| Item      1.                                    | INTERIM      BALANCE SHEETS                                                                  | 3 |
|                                            | INTERIM      STATEMENTS OF OPERATIONS                                                        | 4 |
|                                            | INTERIM      STATEMENT OF STOCKHOLDERS’ EQUITY                                         | 5 |
|                                            | INTERIM      STATEMENTS OF CASH FLOWS                                                        | 6 |
|                                            | NOTES      TO INTERIM FINANCIAL STATEMENTS                                                   | 7 |
| Item      2.                                    | Management's      Discussion and Analysis of Financial Condition and Plan      of Operations | 10 |
| Item      3.                                    | Quantitative      and Qualitative Disclosures About Market Risk                              | 12 |
| Item      4.                                    | Controls      and Procedures                                                                 | 13 |
|                                            |                                                                                         |   |
| PART      II - OTHER INFORMATION                |                                                                                         |
|                                            |                                                                                         |   |
| Item      1.                                    | Legal      Proceedings                                                                       | 15 |
| Item      2.                                    | Unregistered  Sales      of Equity Securities and Use of Proceeds                  | 15 |
| Item      3.                                    | Defaults      Upon Senior Securities                                                         | 15 |
| Item      4.                                    | Submission      of Matters to a Vote of Security Holders                                     | 15 |
| Item      5.                                    | Other      Information                                                                       | 15 |
| Item      6.                                    | Exhibit      and Reports on Form 8-K                                                         | 15 |

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|                                                                                                                                                                                             |   | September      30, 2008(Unaudited) |    |   | December      31,2007(Audited) |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------------|---------|--------|--------------------------------|--------|
| ASSETS                                                                                                                                                                                           |   |                               |    |   |                           |   |
|                                                                                                                                                                                             |   |                               |    |   |                           |   |
| CURRENT      ASSETS                                                                                                                                                                              |   |                               |    |   |                           |   |
| Cash                                                                                                                                                                                             |   | $                                  | 270     |   |                           | $      | 1,771 |   |
|                                                                                                                                                                                             |   |                               |    |   |                           |   |   |   |
| TOTAL ASSETS                                                                                                                                                                                     |   | $                                  | 270     |   |                           | $      | 1,771 |   |
|                                                                                                                                                                                             |   |                               |    |   |                           |   |   |   |
| LIABILITIES AND STOCKHOLDERS’      EQUITY (DEFICIT)                                                                                                                                        |   |                               |    |   |                           |   |   |   |
|                                                                                                                                                                                             |   |                               |    |   |                           |   |   |   |
| CURRENT      LIABILITIES                                                                                                                                                                         |   |                               |    |   |                           |   |   |   |
|    Accounts      payable and accrued liabilities                                                                                                                                  |   | $                                  | 11,840  |   |                           | $      | 15,118 |   |
| Loan payable (Note      8)                                                                                                                                                                       |   |                               | 19,333  |   |                           |   | - |   |
| Due to related party (Note      6)                                                                                                                                                               |   |                               | 5,131   |   |                           |   | 5,166 |   |
|                                                                                                                                                                                             |   |                               |    |   |                           |   |   |   |
| TOTAL LIABILITIES                                                                                                                                                                                |   |                               | 36,304  |   |                           |   | 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                                                                                                                                            |   |                               | (55,134 | )      |                           |   | (37,613 | ) |
|                                                                                                                                                                                             |   |                               |    |   |                           |   |   |   |
| Total Equity      (Deficit)                                                                                                                                                                      |   |                               | (36,034 | )      |                           |   | (18,513 | ) |
|                                                                                                                                                                                             |   |                               |    |   |                           |   |   |   |
| TOTAL      LIABILITIES AND STOCKHOLDERS’ EQUITY(DEFICIT)                                                                                                                                   |   | $                                  | 270     |   |                           | $      | 1,771 |   |

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|                               |   | Three      monthsendedSeptember      30, 2008 |   |   | Three      months endedSeptember      30, 2007 |   |   | Nine      monthsendedSeptember      30, 2008 |   |   | Nine      months endedSeptember      30, 2007 |   |   | Cumulative      results of operations fromJuly      15,2005      (date ofinception)      toSeptember      30, 2008 |    |
|------------------------------------|--------|-----------------------------------------------|--------|--------|------------------------------------------------|--------|--------|----------------------------------------------|--------|--------|-----------------------------------------------|--------|--------|--------------------------------------------------------------------------------------------------------------------|---------|
|                               |   |                                          |   |   |                                           |   |   |                                         |   |   |                                          |   |   |                                                                                                               |    |
|                               |   |                                          |   |   |                                           |   |   |                                         |   |   |                                          |   |   |                                                                                                               |    |
| EXPENSES                           |   |                                          |   |   |                                           |   |   |                                         |   |   |                                          |   |   |                                                                                                               |    |
|                               |   |                                          |   |   |                                           |   |   |                                         |   |   |                                          |   |   |                                                                                                               |    |
| Exploration &      development |   | $                                             | -      |   |                                           | $      | -      |                                         |   | $      | -                                             |   |   | $                                                                                                                  | (3,415  | ) |   | $ | (3,415 | ) |
| Office andgeneral                  |   |                                          | (1,088 | )      |                                           |   | (1,735 | )                                            |   |   | (4,751                                        | )      |   |                                                                                                               | (2,346  | ) |   |   | (17,539 | ) |
| Professional fees                  |   |                                          | (2,890 | )      |                                           |   | (5,521 | )                                            |   |   | (12,770                                       | )      |   |                                                                                                               | (13,827 | ) |   |   | (34,180 | ) |
|                               |   |                                          |   |   |                                           |   |   |                                         |   |   |                                          |   |   |                                                                                                               |    |   |   |   |   |   |
| NET      AND COMPREHENSIVE LOSS    |   | $                                             | (3,978 | )      |                                           | $      | (7,256 | )                                            |   | $      | (17,521                                       | )      |   | $                                                                                                                  | (19,588 | ) |   | $ | (55,134 | ) |

|                                                              |   |   |              |   |   |   |              |   |   |   |       |   |
|-------------------------------------------------------------------|--------|--------|-------------------|--------|--------|--------|-------------------|--------|--------|--------|------------|--------|
| 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 |   |

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|                                                                         |   |                    |             |   |    |   |      | Additional  |   |   | Deficit      Accumulated During the |   |   |   |     |
|------------------------------------------------------------------------------|--------|-------------------------|------------------|--------|---------|--------|-----------|-------------|--------|--------|-------------------------------------|--------|--------|--------|----------|
|                                                                         |   | Common      Stock  |             |   | Paid-in |   |      | Exploration |   |   |                                |   |
|                                                                         |   | Number      of shares   |             |   | Amount  |   |      | Capital     |   |   | Stage                               |   |   | Total  |     |
|                                                                         |   |                    |             |   |    |   |      |        |   |   |                                |   |   |   |     |
| Balance,      July 15, 2005 (Date of Inception)                              |   |                    | -                |   |    | $      | -         |        |   | $      | -                                   |   |   | $      | -        |   |   | $ | - |   |
|                                                                         |   |                    |             |   |    |   |      |        |   |   |                                |   |   |   |     |   |   |   |   |   |
| Common      stock issued for cash at $0.0003 per share                       |   |                    |             |   |    |   |      |        |   |   |                                |   |   |   |     |   |   |   |   |   |
| -      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 September 30, 2008                        |   |                    | -                |   |    |   | -         |        |   |   | -                                   |   |   |   | (17,521  | ) |   |   | (17,521 | ) |
|  Balance,      September 30, 2008                                       |   |                    | 13,220,000       |   |    | $      | 132       |        |   | $      | 18,968                              |   |   | $      | (55,134  | ) |   | $ | (36,034 | ) |

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|                                                        |   | Three      monthsendedSeptember      30, 2008 |   |    | Three      monthsendedSeptember      30, 2007 |   |        | Nine      monthsendedSeptember      30, 2008 |   |   | Nine      months endedSeptember      30, 2007 |    |   | Cumulative      results of operations from inception (July 15, 2005) to September 30,      2008 |        |
|-------------------------------------------------------------|--------|-----------------------------------------------|--------|---------|-----------------------------------------------|--------|-------------|----------------------------------------------|--------|--------|-----------------------------------------------|---------|--------|-------------------------------------------------------------------------------------------------|-------------|
|                                                        |   |                                          |   |    |                                          |   |        |                                         |   |   |                                          |    |   |                                                                                            |        |
|                                                        |   |                                          |   |    |                                          |   |        |                                         |   |   |                                          |    |   |                                                                                            |        |
| Cash      Flows From Operating Activities                   |   |                                          |   |    |                                          |   |        |                                         |   |   |                                          |    |   |                                                                                            |        |
| Net loss                                                    |   | $                                             | (3,978 | )       |                                          | $      | (7,256      | )                                            |   | $      | (17,521                                       | )       |   | $                                                                                               | (19,588     | ) |   | $ | (55,134 | ) |
| Change in non-cash working      capital                     |   |                                          |   |    |                                          |   |        |                                         |   |   |                                          |    |   |                                                                                            |        |   |   |   |   |   |
|         -accounts payable and accrued liabilities |   |                                          | 3,510  |    |                                          |   | (4,147      | )                                            |   |   | (3,278                                        | )       |   |                                                                                            | 4,160       |   |   |   | 11,840 |   |
| Net      Cash Used In Operating Activities                  |   |                                          | (468   | )       |                                          |   | (11,403     | )                                            |   |   | (20,799                                       | )       |   |                                                                                            | (10,761     | ) |   |   | (43,294 | ) |
|                                                        |   |                                          |   |    |                                          |   |        |                                         |   |   |                                          |    |   |                                                                                            |        |   |   |   |   |   |
| Cash      Flows From Investing Activity                     |   |                                          | -      |    |                                          |   | -           |                                         |   |   | -                                             |    |   |                                                                                            | -           |   |   |   | - |   |
|                                                        |   |                                          |   |    |                                          |   |        |                                         |   |   |                                          |    |   |                                                                                            |        |   |   |   |   |   |
| Cash      Flows From Financing Activities                   |   |                                          |   |    |                                          |   |        |                                         |   |   |                                          |    |   |                                                                                            |        |   |   |   |   |   |
| Proceeds from sale of common      stock                     |   |                                          | -      |    |                                          |   | -           |                                         |   |   | -                                             |    |   |                                                                                            | -           |   |   |   | 19,100 |   |
| Related party      advance                                  |   |                                          | (35    | )  |                                          |   |  4,666 |                                         |   |   | (35                                           | )  |   |                                                                                            |  4,666 |   |   |   | 5,131 |   |
| Loan Advancement                                            |   |                                          | -      |    |                                          |   | -           |                                         |   |   | 19,333                                   |    |   |                                                                                            | -           |   |   |   | 19,333 |   |
| Net      Cash Provided By Financing Activities              |   |                                          | (35    | )       |                                          |   | 4,666       |                                         |   |   | 19,298                                        |    |   |                                                                                            | 4,666       |   |   |   | 43,564 |   |
|                                                        |   |                                          |   |    |                                          |   |        |                                         |   |   |                                          |    |   |                                                                                            |        |   |   |   |   |   |
| Net      Increase (Decrease) In Cash                        |   |                                          | (503   | )       |                                          |   | (6,737      | )                                            |   |   | (1,501                                        | )       |   |                                                                                            | (10,762     | ) |   |   | 270 |   |
|                                                        |   |                                          |   |    |                                          |   |        |                                         |   |   |                                          |    |   |                                                                                            |        |   |   |   |   |   |
| Cash,      Beginning Of Period                              |   |                                          | 773    |    |                                          |   | 9,148       |                                         |   |   | 1,771                                         |    |   |                                                                                            | 13,173      |   |   |   | - |   |
|                                                        |   |                                          |   |    |                                          |   |        |                                         |   |   |                                          |    |   |                                                                                            |        |   |   |   |   |   |
| Cash,      End Of Period                                    |   | $                                             | 270    |    |                                          | $      | 2,411       |                                         |   | $      | 270                                           |    |   | $                                                                                               | 2,411       |   |   | $ | 270 |   |
|                                                        |   |                                          |   |    |                                          |   |        |                                         |   |   |                                          |    |   |                                                                                            |        |   |   |   |   |   |
|                                                        |   |                                          |   |    |                                          |   |        |                                         |   |   |                                          |    |   |                                                                                            |        |   |   |   |   |   |
| Supplemental      cash flow information.                    |   |                                          |   |    |                                          |   |        |                                         |   |   |                                          |    |   |                                                                                            |        |   |   |   |   |   |
| Cash      paid for:                                         |   |                                          |   |    |                                          |   |        |                                         |   |   |                                          |    |   |                                                                                            |        |   |   |   |   |   |
|                                                        |   |                                          |   |    |                                          |   |        |                                         |   |   |                                          |    |   |                                                                                            |        |   |   |   |   |   |
| Interest                                                    |   | $                                             | -      |    |                                          | $      | -           |                                         |   | $      | -                                             |    |   | $                                                                                               | -           |   |   | $ | - |   |
|                                                        |   |                                          |   |    |                                          |   |        |                                         |   |   |                                          |    |   |                                                                                            |        |   |   |   |   |   |
| Income      taxes                                           |   | $                                             | -      |    |                                          | $      | -           |                                         |   | $      | -                                             |    |   | $                                                                                               | -           |   |   | $ | - |   |

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

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

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

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|                     |   | US      equivalent |   |   | Canadian      Dollars |   |
|--------------------------|--------|--------------------|--------|--------|-----------------------|--------|
|                     |   |               |   |   |                  |   |
| Accrued      liabilities |   | $                  | 6,261  |   |                  | $      | 6,575 |   |
| Loan      payable        |   | $                  | 19,046 |   |                  | $      | 20,000 |   |

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|   | Bluebird      Exploration Company. |
|--------|------------------------------------|
|   |                               |   |
|   | Dated:      November 19, 2008      | /s/ Mark      Fingarson |
|   |                               | Mark      Fingarson |
|   |                               | Chief      Executive Officer and |
|   |                               | Chief      Financial Officer |

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