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Rockdale Resources Appoints New Officers and Announces the Drilling of Additional Wells

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AUSTIN, TX -- (Marketwired) -- 06/10/14 -- Rockdale Resources Corporation (OTCQB: BBLS), an Austin, Texas-based oil production, exploration and drilling company, has appointed David N. Baker, the company's current board member, as Chief Executive Officer.

The Company has appointed Marc S. Spezialy, the Company's former Chief Executive Officer, as Chief Operating Officer. 

"David Baker is an excellent addition to Rockdale's executive team," stated Marc S. Spezialy, the Company's Chief Operating Officer and Chairman of the Board. "David is the ideal CEO and will help the Company with its continuing capital growth and market awareness. His addition to the executive team will allow me to continue to focus on field operations and drilling of additional wells," David N. Baker commented, "I am very pleased to have the opportunity to join Marc Spezialy and Director, Matt Ferguson and the balance of the team at Rockdale Resources Corp. Marc has done a fantastic job of restructuring the Company over the last 16 months, by severely cutting costs and successfully drilling several oil wells. Marc is key to the Company's continued success and I am pleased to be part of this fast growing Company."

With this press release, the Company is also announcing, that it plans to begin drilling 3 to 4 more oil wells on its existing lease this week. 

As the Company has previously announced, it intends to provide regular updates regarding its oil production and looks forward to initiating its investment community visibility program. The Company begins its investment community visibility program with its presentation at the National Investment Banking Association conference, being held at the Roosevelt Hotel on Tuesday, June 17, 2014 in New York City.

About Rockdale Resources Corporation

Rockdale Resources Corporation is a domestic oil exploration and production company. The Company focuses on new oil wells in established areas of oil production. The Company uses state of the art technology to maximize production and to identify areas with the greatest potential. The Company's core area of operations is in the Minerva-Rockdale Field near Rockdale, Texas, which has produced over 7 million barrels of oil since its first wells were established in 1921. The Company's corporate offices are located in Austin, Texas.

Forward-looking Statements

Certain information in this press release constitutes forward-looking statements within the meaning of applicable securities laws, including, but not limited to, statements regarding well production, use of proceeds, future drilling, operating expenses, and additional funding. Any statement that does not contain a historical fact may be deemed to be a forward-looking statement. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plan," "intend," "anticipate," "believe," "estimate," "predict," "potential," or "continue," the negative of such terms, or other comparable terminology, although not all forward-looking statements contain such identifying words.

Forward-looking statements are subject to a number of assumptions, risks, and uncertainties, many of which are beyond the Company's control, which may cause actual results to differ materially from those implied or expressed by the forward-looking statements. Such assumptions, risks, and uncertainties include, among others, those associated with exploration activities, oil and gas production, marketing and transportation, costs of operations, loss of markets, volatility of oil and gas prices, imprecision of reserve and future production estimates, environmental risks, competition, inability to access sufficient capital from internal and external sources, general economic conditions, litigation, and changes in regulation and legislation. Readers are cautioned that the foregoing list is not exhaustive.

Additional information on these and other factors that could affect Rockdale's operations or financial results is available by contacting Rockdale. Furthermore, the forward-looking statements contained in this press release are made as of the date of this press release, and Rockdale does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events, or otherwise, except as expressly required by applicable law.

David Baker
Rockdale Resources Corporation
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Source: Rockdale Resources Corporation