SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
____________________
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): August 16, 2014
Rockdale Resources Corporation
(Exact name of registrant as specified in its charter)
| Colorado | 000-52692 | 86-1061005 |
| (State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) |
| 5114 Balcones Woods Drive, Suite 307-511, Austin, TX | 78759 |
| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: 512-537-2257
|
___________________________________________________ (Former name or former address, if changed since last report) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| [ ] | Written communications pursuant to Rule 425 under the Securities Act (17CFR 230.425) |
| [ ] | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| [ ] | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| [ ] | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers
On August 16, 2014, our board of directors increased the size of our board from three to five members and appointed Leo B. Womack to our board of directors.
Leo B. Womack, 71, our newly appointed director, has over 40 years of experience in advising and serving as Director of public and private companies. Mr. Womack began his career with Arthur Anderson. From 1969 to 1978, he was the managing partner of a Houston CPA firm that merged into what is now known as Grant Thorton. He has served as President and as Chairman of the Houston Angel Network and on National Committees of the Angel Capital Association. He currently serves as Director and Audit Committee Chair of HII Technologies, Inc. (OTCQB:HIIT). Prior to its acquisition by ITT in 2010, Mr. Womack served as a board member and the audit committee chair for OI Corporation (NASDAQ:OICO).
Mr. Womack earned a Bachelor of Business Administration in Accounting from Texas A&M University-Kingsville in 1965 and holds a Series 7 Securities License.
We concluded that Mr. Womack would be a valuable addition to our board of directors based on his experience in smaller reporting companies, angel investments, capital markets, formulating strategies for raising capital and his relationships with accredited investors. Mr. Womack has extensive experience in financing start-up companies and serving as Director on numerous Boards of both private and public companies.
The Company agreed to issue 100,000 shares of common stock in the name of Leo B. Womack as consideration for his services.
There are no family relationships between Mr. Womack and any of our other directors or executive officers.
Item 8.01 Other Events
On August 19, 2014, the Company issued a press release announcing the addition of Leo B. Womack as a Director. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.
Item 9.01 Financial Statements and Exhibits
| Exhibit Number | Description |
| 99.1 | Press Release, dated August 19, 2014 |
| 2 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Rockdale Resources Corporation
| /s/ David Baker |
| David Baker Chief Executive Officer |
| Date: August 19, 2014 |
| 3 |
FOR IMMEDIATE RELEASE
Rockdale Resources Appoints New Director
AUSTIN, Texas, August 19, 2014 (Marketwired) -- Rockdale Resources Corporation (OTCQB: BBLS), an Austin, Texas-based oil production, exploration and drilling company, has appointed Leo B. Womack, to the Company’s Board of Directors.
“Mr. Womack is an excellent addition to Rockdale’s Board,” stated David N. Baker, the Company’s Chief Executive Officer as well as a Director of the Company. “Leo is the ideal Board member for Rockdale. With Leo’s background as a CPA, he will become Chair of the Audit Committee as well as help the Company with its continuing capital growth, identification of prospective assets for acquisition and market awareness activities. We are thrilled to have Leo join the Rockdale Board of Directors.”
Mr. Womack has over 40 years of experience in advising and serving as a Director of public and private companies. Mr. Womack began his career in Houston with Arthur Anderson and later as managing partner of a local CPA firm that he later merged into what is now known as Grant Thornton. He has served as President and as Chairman of the Houston Angel Network and on National Committees of the Angel Capital Association. He currently serves as Audit Committee Chair and as a Director of HII Technologies, Inc.
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.
Contact: David Baker, Rockdale Resources Corporation, 512-537-2257.
info@rockdaleresources.com
SOURCE Rockdale Resources Corporation
Web Site: http://www.rockdaleresources.com