In 2014, Black Legend Capital acted as a consulting advisor on a producing asset acquisition opportunity in Waller County, Texas. The opportunity had 55 wells which produced 1.2 million barrels of oil equivalent. The producing asset had significant upside with the potential of increasing production to 2,000 barrels of oil per day, translating to nearly $72 million in revenue per day at the time of the transaction. Additionally, the opportunity was supported by a well-established management team with over 100 years of experience within the field.
