American Standard Energy Corp. has completed a transaction to purchase additional Bakken acreage. The additional 320 net mineral acres acquired are located within the Williston Basin of North Dakota in Mountrail, Williams and Divide counties. This acreage is located in the heart of the established area known as the "Bakken".
Scott Feldhacker, American Standard Energy's CEO commented, "We believe we are well positioned in the best areas of this rapidly developing play and will continue to acquire mineral acreage that fits our minority working interest, non-operator model."
The completed acquisition brings American Standard's Bakken holdings to approximately 5,650 net acres. American Standard participates in 20 plus wells within this acreage in addition to its holdings in Texas.
About American Standard Energy Corp.
American Standard Energy Corp. is an exploration and production company based in Tempe, Arizona. American Standard Energy's primary focus is the Williston Basin Bakken and Three Forks trend in North Dakota as well as The Eagle Ford shale and Permian Basin of Texas.
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