Document and Entity Information - USD ($) |
12 Months Ended | |
|---|---|---|
Dec. 31, 2015 |
Jun. 17, 2016 |
|
| Document And Entity Information | ||
| Entity Registrant Name | Rockdale Resources Corp | |
| Entity Central Index Key | 0001368637 | |
| Document Type | 10-K/A | |
| Trading Symbol | BBLS | |
| Document Period End Date | Dec. 31, 2015 | |
| Amendment Flag | true | |
| Amendment Description |
This Amendment No. 1 completely restates the Original Report with the required signatures and speaks as of the initial filing date of the Original Report. Other than as expressly set forth above, no part of the Original Report is being amended. Accordingly, other than as discussed above, this Amendment No. 1 does not purport to amend, update or restate any other information or disclosure included in the Original Report or reflect any events that have occurred after the initial filing date of the Original Report. As a result, the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2015 continues to speak as of June 17, 2016 or, to the extent applicable, such other date as may be indicated in the Original Report. This Amendment No. 1 should be read in conjunction with the Company’s filings made with the Securities and Exchange Commission subsequent to the filing of the Original Filing, as information in such filings may update or supersede certain information contained in this Amendment No. 1.
Included in the purchase of TLSAU field on November 4, 2015 was $146,861 of additional equipment. This equipment was not purchased for use on the field. It was inappropriately included in the full cost pool’s property & equipment accounts. A reclass was made in the balance sheet by creating a new line item titled “Equipment-Other” for $146,861 and the same amount was reduced from the line item titled “Oil and gas, on the basis of full cost accounting”. In addition, the capitalized costs table included in Note 12: Supplemental Information relating to oil and gas producing activities was updated to indicate a reduction in total capitalized costs from $4,733,853 to$ 4,586,992, as well as a reduction in net capitalized cost from $3,736,990 to $3,590,129. All of these changes were considered necessary to recognize the reclass of some equipment that was purchased during the year which was not in support of the field operations. |
|
| Current Fiscal Year End Date | --12-31 | |
| Entity a Well-known Seasoned Issuer | No | |
| Entity a Voluntary Filer | No | |
| Entity's Reporting Status Current | Yes | |
| Entity Filer Category | Smaller Reporting Company | |
| Entity Public Float | $ 1,960,539 | |
| Entity Common Stock, Shares Outstanding | 46,108,707 | |
| Document Fiscal Period Focus | FY | |
| Document Fiscal Year Focus | 2015 |