2010-12-15-2010-12-01

To buy additional Bakken and Three Forks acreagem including interest in 26 gross wells, gaining 2,900 BOE/d.

American Standard Energy Corp., Tempe, Ariz., (OTCBB: ASEN) plans to buy additional Bakken and Three Forks acreage from an undisclosed seller for an undisclosed price.

The assets include partial interest in 26 gross wells, of which 15 are currently producing, 10 completing and one drilling, and an additional 367-plus net mineral acres within the Williston Basin of North Dakota. Production is approximately 2,900 barrels of oil equivalent per day.

American Standard now has more than 6,000 net acres targeting the North Dakota Bakken.

American Standard chief executive Scott Feldhacker says, "This type of transaction is instrumental to our short- and long-term goals. We are able to expand our current production, as well as secure our long-term focus with multiple leases being held by production."