SCOTTSDALE, Ariz., July 25th, 2011 -- /PRNewswire/ -- American Standard Energy Corp. (the "Company") (OTCBB:ASEN), announces 2nd spud for 10 net well drilling program in Andrews County, Texas.
The JW #5 rig is on location, rigging up and is expected to spud within 24 hours on the University 8 #1 location in Andrews County, Texas.
The Company intends to drill the University Andrews 8 #1 well to the Strawn and completed in the Strawn, Wolfcamp, Spraberry and Lower Clearfork formations. The Company will own 100% working interests in all 10 wells.
About American Standard Energy:
American Standard Energy Corp. is a non-operated exploration and production company based in Scottsdale, AZ. ASEN's primary focus is balanced between the Permian Basin, the Bakken and Eagle Ford oil shale resource prospects in the continental United States. ASEN currently controls approximately 38,500 net acres in the following three primary prospect areas:
- 30,800 core net acres targeting the Bakken/Three Forks in North Dakota;
- 6,500 net acres targeting the Permian formation in West Texas;
- 1,200 net acres targeting a specific Eagle Ford prospect in South Texas;
Source: The Sacramento Bee
For Oil Investments or Permian Projects
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