Attached files
| file | filename |
|---|---|
| 8-K - 8-K - American Standard Energy Corp. | v225742_8k.htm |
| EX-99.4 - EX-99.4 - American Standard Energy Corp. | v225742_ex99-4.htm |
| EX-99.2 - EX-99.2 - American Standard Energy Corp. | v225742_ex99-2.htm |
| EX-99.8 - EX-99.8 - American Standard Energy Corp. | v225742_ex99-8.htm |
| EX-99.3 - EX-99.3 - American Standard Energy Corp. | v225742_ex99-3.htm |
| EX-99.5 - EX-99.5 - American Standard Energy Corp. | v225742_ex99-5.htm |
| EX-99.7 - EX-99.7 - American Standard Energy Corp. | v225742_ex99-7.htm |
| EX-99.6 - EX-99.6 - American Standard Energy Corp. | v225742_ex99-6.htm |
Exhibit 99.1. SELECTED FINANCIAL DATA
Results of Operations
The following table presents recast selected historical financial and operating information for the years ended December 31:
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2010
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2009
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Production and operating data:
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Net production volumes:
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||||||||
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Oil (Bbl)
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56,657 | 56,003 | ||||||
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Natural gas (Mcf)
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540,072 | 610,462 | ||||||
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Total (Boe)
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146,669 | 157,747 | ||||||
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Average daily net production volumes:
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||||||||
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Oil (Bbl)
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155.2 | 153.4 | ||||||
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Natural gas (Mcf)
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1,479.6 | 1,672.5 | ||||||
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Total (Boe)
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401.8 | 432.2 | ||||||
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Average prices:
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Oil (Bbl)
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$ | 74.45 | $ | 57.58 | ||||
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Natural gas (Mcf)
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$ | 4.89 | $ | 4.00 | ||||
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Operating costs and expenses per Boe:
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Oil and natural gas production
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$ | 14.75 | $ | 11.32 | ||||
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General and administrative
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$ | 38.69 | $ | 3.51 | ||||
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Exploration
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$ | 1.69 | $ | 1.52 | ||||
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Depreciation, depletion and amortization
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$ | 10.61 | $ | 9.45 | ||||
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Total revenues
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$ | 6,896,945 | $ | 5,666,710 | ||||
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Operating costs and expenses:
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||||||||
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Oil and natural gas production costs
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2,163,887 | 1,786,280 | ||||||
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Exploration expenses
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247,463 | 240,382 | ||||||
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General and administrative expenses
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5,674,985 | 553,542 | ||||||
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Impairment of oil and natural gas properties
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46,553 | 253,258 | ||||||
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Depreciation, depletion and amortization
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1,556,288 | 1,490,926 | ||||||
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Accretion of asset retirement obligations
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15,607 | 12,399 | ||||||
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Total operating costs and expenses
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9,704,783 | 4,336,787 | ||||||
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Income (loss) from operations
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(2,807,838 | ) | 1,329,923 | |||||
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Income tax (expense) benefit
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- | - | ||||||
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Net income (loss)
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$ | (2,807,838 | ) | $ | 1,329,923 | |||
1
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As of December 31,
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2010
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2009
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Balance Sheet Information:
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Total assets
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$ | 32,799,480 | $ | 14,812,013 | ||||
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Total liabilities
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5,733,293 | 408,206 | ||||||
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Stockholders’ equity
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27,066,187 | 14,403,807 | ||||||
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Statement of Cash Flow Information:
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||||||||
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Net cash (used in) provided by operating activities
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$ | 3,739,625 | $ | 2,936,683 | ||||
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Net cash used in investing activities
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(12,878,375 | ) | (2,393,249 | ) | ||||
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Net cash provided by financing activities
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9,658,746 | (543,434 | ) | |||||
2