In 2014, Black Legend Capital acted as a consulting advisor to a midstream opportunity, a liquid storage terminal facility in Houston with approximately 50 acres expandable to 300 acres. The facility provides liquid storage services for refined fuel products, crude oil, inorganic chemicals and petrochemicals, as well as product acceptance and redistribution by barge, rail, truck or pipeline. At the time of the transaction, the final project had a potential storage capacity of up to 2 million barrels. The project had 24 tanks on 50 acres of land with each tank holding 700,000 gallons or 16,667 barrels.
