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 Sunday, 28 August 2016

  • Vice-presidents shift, add duties at Plains All American

    Mark Gorman, Dan Nerbonne, Phil Smith, and Dwayne Koehn have each either been promoted or assumed additional responsibilities at Plains All American Pipeline LP.

    Friday, 26 August 2016 20:00
  • Biden pledges continued US support for Baltic States’ energy progress

    US Vice-President Joseph R. Biden Jr. applauded the three Baltic nations’ recent energy diversification progress and pledged continued US support for Latvia, Lithuania, and Estonia. “Not long ago, this region was known as the ‘energy island,’ cut off from the rest of Europe. And the Baltic States know as well as any nation the national security consequences of being energy dependent,” he said during an Aug. 24 address at the National Library of Latvia in Riga.

    Friday, 26 August 2016 19:00
  • Phillips 66 Partners to buy S. Louisiana NGL logistics assets

    Phillips 66 Partners LP has agreed to acquire a natural gas liquids logistics system in southeast Louisiana owned by Chevron Corp.

    Friday, 26 August 2016 16:00
  • Blackstone pours capital into Midland, Delaware basin startups

    Blackstone Energy Partners LP, an affiliate of multinational private equity firm Blackstone Group LP, has partnered with a seasoned oil and gas executive and a producing firm to target acreage in the Midland and Delaware basins of West Texas and southern New Mexico.

    Friday, 26 August 2016 16:00