Legend Oil and Gas, Ltd. announced that it has received $0.35 million in funding from Hillair Capital Management LLC

Legend Oil and Gas, Ltd. is an oil and gas exploration, development and production company. The Company has principal operations in the Bakken region of North Dakota and the Permian Basin in Texas and New Mexico. The Company’s oil and gas property interests are located in the United States (Kansas and Oklahoma). The Company holds interests in Black Diamond Energy Holdings, LLC (Maxxon). Maxxon is a trucking and oil and gas services company that operates in North Dakota. The offers hauling services for institutional drilling and exploration companies as well as crude oil marketers. The Company performs hauling services for institutional drilling and exploration companies, as well as crude oil marketers. The Company’s wholly owned subsidiary is Black Diamond Energy Holdings, LLC and its wholly-owned subsidiaries Maxxon Energy, LLC and Treeline Diesel Center, LLC.