The wells are located in Williams, McKenzie and Dunn Counties of North Dakota.
Famous Uncle said that purchasing minority interests in numerous wells shortens the company’s investment timeline allowing American Standard Energy the luxury of choosing their operating partners.
This type of transaction has allowed the company to implement its overall business plan while shoring up its long term goals and further diversifying its well participation.
The six wells involved in this transaction provide a diverse addition to the 17 wells in which American Standard Energy currently participates.
