The additional 320 net mineral acres acquired are located within the Williston Basin of North Dakota in Mountrail, Williams and Divide counties.
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.
American Standard Energy CEO Scott Feldhacker said that the company believes that it is well positioned in the best areas of this developing play and will continue to acquire mineral acreage that fits its minority working interest, non-operator model.
American Standard Energy is an exploration and production company based in Tempe, Arizona.
