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NOTE 1. ORGANIZATION AND BASIS OF PRESENTATION:
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3 Months Ended |
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Mar. 31, 2013
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| Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block] |
NOTE
1. ORGANIZATION AND BASIS OF PRESENTATION:
Art
Design, Inc. was incorporated in the State of Colorado
on January 16, 2002. In April 2012, the
Company discontinued its prior operations and became
involved in the exploration and development of oil and
gas. On May 4, 2012, the Company amended its articles
of incorporation to change its name to Rockdale
Resources Corporation.
Basis
of Presentation
The
accompanying unaudited interim financial statements of
the Company have been prepared in accordance with
accounting principles generally accepted in the United
States of America and the rules of the Securities and
Exchange Commission (“SEC”), and should be
read in conjunction with the audited financial statements
and notes thereto contained in the Company’s latest
Annual Report filed with the SEC on Form 10-K. In the
opinion of management, all adjustments, consisting of
normal recurring adjustments, necessary for a fair
presentation of the results of operations for the interim
periods presented have been reflected herein. The results
of operations for such interim periods are not
necessarily indicative of operations for a full year.
Notes to the consolidated financial statements which
would substantially duplicate the disclosure contained in
the audited financial statements for the most recent
fiscal year, 2012, as reported in Form 10-K, have been
omitted.
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