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 Monday, 26 September 2016

  • BPTT investment in Trinidad and Tobago could be under threat, executive says

    BP Trinidad & Tobago’s (BPTT) Pres. Norman Christie has warned the Trinidad and Tobago government that BPTT’s $5-billion investment could be under threat if it does not provide clarity on where future natural gas supplies will go and the prices they will attract.

    Friday, 23 September 2016 18:00
  • Maersk splits oil, transport businesses

    A.P. Moller-Maersk AS, Copenhagen, is separating its transportation and oil businesses and starting a 2-year strategic review of the latter.

    Friday, 23 September 2016 17:00
  • MARKET WATCH: NYMEX, Brent crude oil prices gain for second day

    Light, sweet oil prices on the New York market and Brent prices on the London market both rose for a second consecutive day Sept. 22 while US natural gas futures prices fell after the government reported a storage increase.

    Friday, 23 September 2016 17:00
  • Global political will did not match gas technology gains, forum told

    Improvements in technology have increased global natural gas supplies, but delivery problems caused by US and international politics have kept vibrant worldwide markets many people expected 5 years ago from materializing, a senior fellow at the Istituto Affari Internazionali in Rome stated.

    Thursday, 22 September 2016 19:00