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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

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-vision

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

where-we-are

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

Oil & Gas News

  • Chevron Canada applies with AER for 32 wells in Fox Creek area

    Chevron Canada Resources has filed an application with Alberta Energy Regulator to drill 32 wells in the Duvernay formation in the Fox Creek area.

    Tuesday, 23 April 2013 10:49
  • Tesoro launches restart of Martinez refinery following strike

    Tesoro Corp. has launched a restart of its 166,000-b/d Golden Eagle refinery near Martinez, Calif., after an agreement was reached with a local union, ending a 52-day strike.

    Tuesday, 23 April 2013 10:49
  • EIA inaugurates monthly crude-by-rail shipping information

    The US Energy Information Administration is providing monthly data of crude oil shipments by rail for the first time. The new crude-by-rail movements will be integrated with its existing monthly petroleum supply statistics, which already include crude movements by pipeline, tanker, and barge, EIA said.

    Tuesday, 23 April 2013 10:49
  • Harvest, stymied in Venezuela, eyes options

    Citing “severe liquidity constraints brought about by the failure of the Venezuelan government to approve Harvest’s sale of its Venezuelan asset,” Harvest Natural Resources Inc. (HNR) is trying to raise funds in debt and equity markets to cover operating requirements and exploring reorganization if those efforts fail.

    Tuesday, 23 April 2013 10:49