American Standard Energy Corp. (ASEC) is an oil and natural gas production company. ASEC is engaged in the acquisition and development of leaseholds of oil and natural gas properties. The Company�s leasehold acreage is located in the Permian Basin of West Texas and Eastern New Mexico. In the Permian Basin, the Niobrara, the Eagle Bine and parts of the Eagle Ford, it owns a number of leases where it holds the majority working interest. It also holds minority interest leasehold acreage in the Bakken, parts of the Permian Basin, and parts of the Eagle Ford.As of March 15, 2012, it held working interests in approximately 112,400 net acres in the Permian Basin, Bakken, Eagle Ford, Niobrara, Eagle Bine and Gulf Coast regions. On March 5, 2012, ASEC acquired leasehold working interests in approximately 72,300 net acres across the Permian Basin, Eagle Ford shale formation and the Eagle Bine in Texas, the Williston Basin in North Dakota, and the Niobrara shale formation in Wyoming and Nebraska.