In 2014, Black Legend Capital acted as a consulting advisor on the acquisition of a producing asset opportunity in Sterling County, TX. Property had approximately 20,000 gross acres. Production at a time of the transaction was approximately 400/500 net BOEPD. Zone targets included Wolfcamp A & B, Cisco, and Canyon Sands.

The asset had numerous low-cost drilling opportunities, and additional low risk exploitation/exploration potential. Infrastructure systems, gas lines, roads, electric lines, rock quarry, water storage pits and fresh water wells were already in place.