In 2013, Black Legend Capital identified and structured one new well, a 15,000 feet deep drilling project on 302 acres. This project was in Jefferson County, TX, and the “Yegua” field was discovered in 2009 by Samson Resources, Cimarex Energy, and Ballard Oil.
Estimated Proved Undeveloped (PUD) reserves were up to 6.2 million barrels of condensate and 83 billion cubic feet (BCF) of gas. It was acquired by Cimarex Energy, producing 3 months after completion.