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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

  • Maritime transportation is moving toward LNG, Brookings speakers say

    Maritime industries’ use of LNG instead of diesel to fuel its vessels is changing from potential to reality, speakers agreed at a Mar. 3 discussion at the Brookings Foundation. New ship, barge, and boat orders increasingly specify dual-fuel capability, and LNG’s favorable economics are holding up surprisingly well despite the recent crude-oil price plunge, they said.

    Tuesday, 23 April 2013 10:49
  • US Arctic priorities shortchange Alaskans’ needs, Senate panel told

    As the US prepares to chair the Arctic Council later this year, it recognizes that international decisions can directly affect Alaska and its residents and plans to closely engage with them, Adm. Robert J. Papp Jr., the US Department of State’s Special Representative for the Arctic, told the US Senate Energy and Natural Resources Committee.

    Tuesday, 23 April 2013 10:49
  • USW, Shell to resume talks amid ongoing labor strike at US refineries

    The United Steelworkers union (USW) and Royal Dutch Shell PLC, which serves as lead company for National Oil Bargaining negotiations, have agreed to return to the bargaining table in an attempt to resolve USW’s more than 5-week-long unfair labor practice strike in effect at US refineries and associated installations.

    Tuesday, 23 April 2013 10:49
  • Venezuela, Trinidad and Tobago sign energy accord

    Venezuela and neighboring Trinidad and Tobago have signed an agreement that will enable both countries to develop the Manakin-Cocuina natural gas fields along their shared maritime border.

    Tuesday, 23 April 2013 10:49