Rockdale Resources Corporation 8-K/A

Exhibit 99.3  

Rockdale Resources Corporation

Unaudited Pro-forma Statement of Operations

Year Ended December 31, 2014

	Rockdale Resources			SUDS Properties			Combined
Oil and gas sales	$	683,536		$	24,066			707,602
Operating expenses
Lease operating expense		290,557			33,156			323,713
Production tax		29,748			1,733			31,481
General and administrative expenses		1,756,668			—			1,756,668
Depreciation, depletion and amortization		165,943			—			165,943
Asset retirement obligation		1,872			—			1,872
Total operating expenses		2,244,788			34,889			2,279,677
Loss from operations		(1,561,252	)		(10,823	)		(1,572,075	)
Interest (expense)		(113,281	)		—			(113,281	)
Net loss	$	(1,674,533	)	$	(10,823	)		(1,685,356	)

Rockdale Resources Corporation
Unaudited Pro-forma Statement of Operations
Six Months Ended June 30, 2015
(unaudited)

	Rockdale Resources			SUDS Properties			Combined
Oil and gas sales	$	128,159		$	10,456			138,615
Operating expenses
Lease operating expense		134,054			16,270			150,324
Production tax		5,917			753			6,670
General and administrative expenses		243,482			—			243,482
Depreciation, depletion and amortization		59,210			—			59,210
Impairment of oil & gas properties		668,073			—			668,073
Total operating expenses		1,110,736			17,023			1,127,759
Loss from operations		(982,577	)		(6,567	)		(989,144	)
Interest expense		(88,030	)		—			(88,030	)
Loss on conversion of debt		(69,107	)		—			(69,107	)
Other income		8,484			—			8,484
Net loss	$	(1,131,230	)	$	(6,567	)		(1,137,797	)