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 Tuesday, 28 February 2017

  • ONGC to proceed on five development projects

    India’s Oil & Natural Gas Corp. plans five development projects with a total estimated cost of $1.1 billion. Four are off the west coast and one is in the western state of Gujarat.

    Monday, 27 February 2017 17:00
  • BOEM offers 1.09 million acres in potential Cook Inlet lease sale

    The US Bureau of Ocean Energy Management is planning to offer 1.09 million acres in Cook Inlet off Alaska’s south-central coast in Lease Sale 244, scheduled for June.

    Monday, 27 February 2017 17:00
  • Watching Government: 'Talking to, not past, each other'

    Construction may have resumed on the final segment of the Dakota Access crude oil pipeline (DAPL), but the mistrust and antagonism that were revealed during months of protests there won't be going away any time soon, testimony by witnesses at a Feb. 15 US House Energy and Commerce Committee revealed.
    Monday, 27 February 2017 16:00
  • Noble Energy to nearly double capital spending in 2017

    Noble Energy Inc., Houston, has set its organic capital expenditures for 2017 at $2.3-2.6 billion, compared with $1.3 billion in 2016.
    Monday, 27 February 2017 16:00