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 Monday, 24 October 2016
Tourmaline Oil Corp., Calgary, has agreed to acquire 206,000 net acres and associated infrastructure in western Canada from Royal Dutch Shell PLC affiliate Shell Canada Energy for $1.037 billion, or $1.369 billion (Can.).Friday, 21 October 2016 17:00
BP Australia has agreed to renew its State Agreement with the Government of Western Australia for a further 30 years.Friday, 21 October 2016 16:00
Qiping Men has been named president and chief operations officer for Sunshine Oilsands Ltd., Calgary. He had been chief financial officer.Friday, 21 October 2016 16:00
ExxonMobil Corp. has agreed to sell its retail business in Nigeria to Nipco Investments Ltd., a wholly owned subsidiary of Nipco PLC, Abuja.Friday, 21 October 2016 16:00