NOTE 1. ORGANIZATION AND BASIS OF PRESENTATION:
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6 Months Ended |
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Jun. 30, 2013
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Disclosure Text Block [Abstract] | |
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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