Rockdale Resources Corporation announced the signing of a Letter of Intent with Houston based SUDS Properties, LLC, whereby Rockdale will acquire up to a 50% undivided Working Interest in the historic 2,600 acre Slick Unit Dutcher Sands field, located in Creek County, Oklahoma, in exchange for up to 70% of the issued and outstanding shares of Rockdale, on a fully diluted basis. At Closing, Mr. Zel C. Khan, recently appointed as interim Chief Executive Officer of Rockdale and current Manager of SUDS Properties, will officially be appointed CEO, President and a Director of Rockdale. Two additional directors will be nominated and elected to the board at the upcoming Annual Shareholders Meeting, for a total of five directors.

Mr. Khan is a oil field operator with over 20 years of experience in the Oil and Gas industry. He has operated in Texas, Oklahoma, New Mexico and California, both onshore and offshore.