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 US Environmental Protection Agency has reached an agreement to settle a lawsuit filed by community groups in Texas and Louisiana forcing it to review, and if necessary, revise formulas that refineries and chemical plants use to report toxic emission levels.Tuesday, 23 April 2013 10:49
US House Ways and Means Committee Chairman David L. Camp (R-Mich.) released a federal tax reform proposal that quickly drew fire from oil and gas associations because it called for repealing several provisions much of the industry considers essential.Tuesday, 23 April 2013 10:49
The US Department of State substantially followed prescribed guidance—and sometimes exceeded it—when it selected Environmental Resource Management Inc. (ERM) to help prepare a supplemental environmental impact statement for the proposed Keystone XL crude oil pipeline, a DOS Office of Inspector General investigation concluded.Tuesday, 23 April 2013 10:49
Demand for all types of energy continues to increase as oil and gas companies adapt to handle the ever-rising costs of finding and producing hydrocarbons, said the chief executive officers of Chevron Corp. and BHP Billiton during the IHS CERAWeek conference on Mar. 4.Tuesday, 23 April 2013 10:49