5L Properties, Inc. is a private Oil & Gas company located in Breckenridge, Texas. Founded by Leslie J. Griffith in 1993, 5L Properties, Inc. has over 20 years of experience in oil and gas exploration and the day-to-day operation of existing oil and gas properties. Our primary goal is to develop and operate oil and gas production in a thorough, efficient, and cost effective manner, thereby creating value for our partners at every stage in the life of an oil and gas property. Whether it be drilling, completion, recompletion, workover, or just the day-to-day hands-on operation of existing production, we strive to represent the best interests of our partners in all that we do. In addition to the physical operating of oil and gas properties, we also specialize in oil and gas accounting, such as joint interest billing and revenue distribution.

Our Strategy


5L Properties, Inc. was founded by the positive relationship between one man, Leslie J. Griffith, and the right group of people. After years of work in his accounting business, Mr.

Our Mission


Our mission is to provide value for our investors at every stage in the life of their oil and gas investment. Whether it be drilling a new prospect, further developing

Where We Are


Our office is located at: 129 West Walker, Suite B Breckenridge, TX 76424

Oil & Gas News for the week of Friday, 30 September 2016

  • Rowland selected as Swift Energy chairman

    Marcus C. Rowland has been chosen by Swift Energy Co., Houston, to serve as its chairman effective Sept. 26. He succeeds acting Chairman Pete Kirchof.

    Thursday, 29 September 2016 21:00
  • Energy Hunter opens Houston office, makes appointments

    Energy Hunter Resources Inc., Dallas, has appointed H.C. Ferguson as executive vice-president of exploration and development, Brian G. Burgher as senior vice-president of land, and Jason Wilson as manager of geology. The three veterans of Magnum Hunter Resources Corp.’s Eagle Ford shale operations will be based in Energy Hunter’s recently opened divisional office in Houston.

    Thursday, 29 September 2016 21:00
  • BP’s Bight drilling plan approval delayed again

    Australia’s offshore oil and gas regulator National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has asked BP PLC to supply more information about its plans to drill the Stromlo-1 wildcat in the Great Australian Bight offshore South Australia.

    Thursday, 29 September 2016 17:00
  • Maersk Oil begins drilling on Culzean project, launches organizational review

    Maersk Oil, a wholly owned subsidiary of AP Moller-Maersk AS of Copenhagen, started drilling the first production well on Sept. 28 in the company-operated Culzean field in the UK North Sea.

    Thursday, 29 September 2016 17:00