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, 25 July 2016
The US Pipeline & Hazardous Material Safety Administration proposed new oil spill response and information procedures for high-hazard flammable trains (HHFT) in coordination with the Federal Railroad Administration.Friday, 22 July 2016 18:00
Silver Run Acquisition Corp., Houston, has agreed to acquire a controlling interest in Centennial Resources Production LLC and expects to be renamed Centennial Resource Development Corp.Friday, 22 July 2016 17:00
Contango Oil & Gas Co. has agreed to buy interests in about 12,100 gross undeveloped acres in the southern Delaware basin of Texas from a private oil and gas company for as much as $25 million.Friday, 22 July 2016 17:00
The US Bureau of Ocean Energy Management (BOEM) has scheduled Western Gulf of Mexico Lease Sale 248 for Aug. 24 in New Orleans.Friday, 22 July 2016 15:00