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
Pennsylvania Gov. Tom Wolf (D) formed a Pipeline Infrastructure Task Force to help state agencies, natural gas producers, and communities closely work together as thousands of miles of pipelines are proposed to move gas and related products from wellheads to markets.Tuesday, 23 April 2013 10:49
The US Environmental Protection Agency proposed renewable fuel quotas for 2014 that it said reflect the year’s actual biofuel use, and for 2105 and 2016 and, for biodiesel, quotas through 2017 that increase steadily over time.Tuesday, 23 April 2013 10:49
Statoil ASA has been awarded four licenses covering 16,000 sq km in the largely unexplored Sandino basin of the Nicaraguan Pacific.Tuesday, 23 April 2013 10:49
US light, sweet crude oil prices for July delivery rose modestly on the New York market May 28 but still settled under $58/bbl, and analysts said much of the market appeared to be in a holding pattern pending a June 5 meeting of the Organization of Petroleum Exporting Countries in Vienna.Tuesday, 23 April 2013 10:49