American Standard Energy (ASEN) 8-K Other Events

Exhibit 99.1.  SELECTED FINANCIAL DATA

Results of Operations

The following table presents recastselected historical financial and operating information for the years ended December 31:

	2010			2009
Production and operating data:
Net production volumes:
Oil (Bbl)		56,657			56,003
Natural gas (Mcf)		540,072			610,462
Total (Boe)		146,669			157,747
Average daily net production volumes:
Oil (Bbl)		155.2			153.4
Natural gas (Mcf)		1,479.6			1,672.5
Total (Boe)		401.8			432.2
Average prices:
Oil (Bbl)	$	74.45		$	57.58
Natural gas (Mcf)	$	4.89		$	4.00
Operating costs and expenses per Boe:
Oil and natural gas production	$	14.75		$	11.32
General and administrative	$	38.69		$	3.51
Exploration	$	1.69		$	1.52
Depreciation, depletion and amortization	$	10.61		$	9.45
Total revenues	$	6,896,945		$	5,666,710
Operating costs and expenses:
Oil and natural gas production costs		2,163,887			1,786,280
Exploration expenses		247,463			240,382
General and administrative expenses		5,674,985			553,542
Impairment of oil and natural gas properties		46,553			253,258
Depreciation, depletion and amortization		1,556,288			1,490,926
Accretion of asset retirement obligations		15,607			12,399
Total operating costs and expenses		9,704,783			4,336,787
Income (loss) from operations		(2,807,838	)		1,329,923
Income tax (expense) benefit		-			-
Net income (loss)	$	(2,807,838	)	$	1,329,923

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	As of December 31,
	2010			2009
Balance Sheet Information:
Total assets	$	32,799,480		$	14,812,013
Total liabilities		5,733,293			408,206
Stockholders’ equity		27,066,187			14,403,807
Statement of Cash Flow Information:
Net cash (used in) provided by operating activities	$	3,739,625		$	2,936,683
Net cash used in investing activities		(12,878,375	)		(2,393,249	)
Net cash provided by financing activities		9,658,746			(543,434	)

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