Rock Ridge Resources, Inc. (RRRI)

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Titan Oil and Gas Balance Sheet
June 30, 2006
( unaudited )
ASSETS
Current Assets
Cash 2,614
Total Current Assets 2,614
TOTAL ASSETS 2,614
LIABILITIES & EQUITY
Current Liabilities
Accounts Payable 595,334
Notes Payable - Note 2 231,936
Total Current Liabilities 827,270
Total Liabilities 827,270
Equity
Additional Paid In Capital 42,977,868
Capital Stock - Note 4 80,108
Retained Earnings (43,766,311)
Net Income (116,321)
Total Equity (824,656)
TOTAL LIABILITIES & EQUITY 2,614


Titan
Titan Oil and Gas Inc.
Statement of Operations
for the period April 01, 2006 to June 30, 2006
( unaudited )
Revenue
Income 20,210
Expenses
Operations 28,592
Outsourced Services 54,452
Total Expense 83,044
Net loss from operations (62,834)

Titan Oil and Gas Inc.
Notes to the financial statements
for the six months ended June 30, 2006
NOTE 1 – THE COMPANY
Nature of Business
The company was incorporated on August 26, 1998 under the name of Sierra Gold Corporation. On January 04, 1999, Sierra Gold Corporation changed its name to
PayForView.com Corp. In February 2002, the company changed its name to James Barclay Alan Inc. The company was considered a development stage company as
its planned principal operations had not yet commenced. Through December 31, 2002
the Company’s previous business was developing an internet based website to distribute
movies, music live events and sports events direct to consumers on pay for view basis.
In May 2003, the company changed its name to Titan Consolidated Inc. and is primarily involved in the exploration of oil and gas in Texas. In February 2005, the company changed its name to Titan Oil and Gas Inc.
Going Concern
The accompanying financial statements have been prepared in conformity with accounting principals generally accepted in the United States which contemplates continuation of the Company as a going concern. The company operations generated
a nominal revenue in prior periods which did not cover expenses.
The future success of the Company is likely dependent on its ability to attain additional capital or to find an acquisition to add value to its present shareholders and ultimately, upon its ability to attain future profitable operations. There can be no assurance that the
Company will be successful in obtaining financing, or that it will attain positive cash
flow from operations.
Certain information and disclosures normally included in the notes to the financial statements have been condensed or omitted as permitted by the rules and regulations of the Securities and Exchange Commission, although the company believes that the disclosure is adequate to make the information presented not misleading.
NOTE 2 – NOTES PAYABLE
The Company has not been able to generate sufficient income from operations to meet he cash flow necessary to meet its’ daily requirements. The financial statements reflect cash
provided by direct private investment in the amount of $231,936 for the period ended
June 30, 2006
The above loans are repayable one year after receipt and bear an annual interest rate of 10%. The above loans have been extended for a further term of 4 years from the first anniversary date with the same interest rate applied. Interest has not been reflected in the
attached financial statements, but will be reported when the loans payable are retired
NOTE 3 – SUPPLIMENTARY CASH FLOW INFORMATION
There was no cash paid for either interest or income tax during the current period
presented.
Non – Cash Investing activity
The company issued 5,972,461 shares during the 6 month period ended June 30, 2006 which were allocated to company operational expenses and debt reduction.
NOTE 4 – STOCKHOLDERS’ EQUITY
Common Stock
The Company is authorized to issue 750,000,000 shares at a par value of $.0001. All
the outstanding common stock is fully paid and non – assessable.
The Company has issued 747,322, 873 common shares from the date of incorporation
to June 30, 2006 which were used for operational expenses and debt reduction

NOTE 5 – CURRENT OPERATIONS AND FUTURE PROJECTS
JOINT VENTURES
The Company is pleased to advise that it has signed a Letter of Intent with
M.S. Klotzman Exploration Co to develop oil and gas leases in South Texas
with the re – entry/ re-working of a minimum of two wells. The parties have
agreed to keep the specific details of the agreement confidential for 60 days
in order to allow time to complete leasing operations.
On May 01, 2006 the Company entered into a joint venture working interest
agreement to develop the Bastrop County project with Oasis Oils and Gas Corporation, a Houston based company headed by J.R. Harrison who has been in the petroleum and fuels marketing business for the last 18 years and has worked with major oil companies such as Exxon, Mobil and Shell Oil and Tejones Operating Corporation, headed by T. Gouger III who has been an oil and gas operator for over 25 years in the South Texas area.
Titan Oil And Gas Inc. has developed this joint venture in a manner that has not
affected the company’s share structure. The company will have no direct
development expenses other than the lease costs, which has already been paid.
On June 21, 2006, the Company entered into an agreement with Tejones
Operating Corporation to rework/recomplete 14 wells in Caldwell Co, Texas.
FUTURE PROJECTS
The Company is searching for and is amassing new oil and gas leases and is
packaging joint ventures whereby it retains a carried working interest in the oil and gas income while not affecting share capital.

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