Rockdale Resources Corp . (OTC: BBLS) appointed David N. Baker as CEO and Marc S. Spezialy as COO, the company said June 10.
Baker is currently on the company’s board of directors, Rockdale said.
"David Baker is an excellent addition to Rockdale's executive team," Spezialy said.
"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," Spezialy added.
"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."
Additionally, Rockdale said it plans to drill three or four more oil wells on its existing lease this week.
Austin, Texas-based Rockdale Resources Corp. focuses on shallow, low-risk new oil wells in established oil production areas in Texas.