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

Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, making it look likeords which don’t look even sligh readable English. Many desktop publishing packages and web

Oil & Gas News

  • Full set of tools needed for US Arctic spill response, NRC finds

    A full slate of response tools will be needed to address crude oil spills in the US Arctic, but not all of those tools are readily available, the National Research Council said in a new report.

    Tuesday, 23 April 2013 10:49
  • Nexen names chief executive officer

    Nexen Energy ULC, a wholly owned subsidiary of CNOOC Ltd., has selected Fang Zhi as chief executive officer. He succeeds Kevin Reinhart, a 20-year company veteran who oversaw the acquisition of Nexen by CNOOC.

    Tuesday, 23 April 2013 10:49
  • Hess to sell Thailand assets for $1 billion

    Hess Corp. has sold its interests in Tailand’s Sinphuhorm and Pailin fields to PTT Exploration & Production PCL (PTTEP) for $1 billion, effective July 1, 2013.

    Tuesday, 23 April 2013 10:49
  • MARKET WATCH: US oil futures fall more than $2/bbl awaiting inventory report

    Crude oil futures fell more than $2/bbl on the New York market during Apr. 22 trading while analysts awaited the Apr. 23 release of a weekly US government inventory report, which showed another rise in oil supply as they had anticipated.

    Tuesday, 23 April 2013 10:49