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
The Obama administration could squander major domestic crude oil resource opportunities in Alaska if it persists in imposing overly stringent leasing restrictions and operating regulations, an American Petroleum Institute official warned.Tuesday, 23 April 2013 10:49
Petroleos Mexicanos’ (Pemex) global foreign currency and local currency ratings have been downgraded by Moody’s Investors Service to Baa1 from A3, two rungs above the minimum.Tuesday, 23 April 2013 10:49
Partners in giant undeveloped Leviathan natural gas field offshore Israel have signed a nonbinding letter of intent to sell gas to Dolphinus Holdings Ltd. of Egypt in a deal that would make use of the idle Arish-Ashkelon pipeline, according to one of the partners.Tuesday, 23 April 2013 10:49
Crude oil prices on the New York and London markets gained more than $1 on Nov. 24 following reports of a downed Russian fighter jet on the Turkey-Syria border.Tuesday, 23 April 2013 10:49