American Standard Energy Corp. - 2012-07-30

American Standard Energy Corp. announced an expansion of its existing credit agreement with Pentwater Capital Management further strengthening the Company's financial and operating position, providing additional development capital for the Company. Pentwater has provided an additional $5 million of credit for development purposes in exchange for an amended Secured Convertible Promissory Note of $25 million from ASEN 2, Inc., a wholly-owned subsidiary of American Standard.