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.
Oil & Gas News for the week of Tuesday, 25 October 2016
Patrick G. Cooke has been selected by Clayton Williams Energy Inc., Midland, Tex., as its senior vice-president and chief operating officer effective Oct. 31.Tuesday, 25 October 2016 15:00
Clayton Williams Energy Inc., Midland, Tex., has agreed to sell its assets in the Giddings area of east-central Texas to an undisclosed third party for $400 million.Tuesday, 25 October 2016 15:00
Light, sweet crude oil prices dropped on the New York market Oct. 24 as did Brent crude oil prices on the London market on growing concerns about whether the Organization of Petroleum Exporting Countries will be able to reach agreement on a proposed production cut.Tuesday, 25 October 2016 15:00
Buckeye Partners LP has agreed to acquire 50% equity interest in the holding company of VTTI BV for $1.15 billion. VTTI is a Vitol Group company.Monday, 24 October 2016 21:00