06-05-2025
Argo's February 2025 Oil Production
Toronto, Ontario--(Newsfile Corp. - May 6, 2025) - Argo Gold Inc.'s (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") February 2025 oil production was a total of 2,975 barrels for the month, averaging 106 barrels per day. Oil prices averaged CDN$73 per barrel and Argo's February oil revenue was $218,586 and net operating cash flow was $131,564.
February 2025
Oil Production
Argo's interest
Argo's Oil Revenue
Argo's net operating cash flow
Lindbergh 1
(37.5% interest)
105 bbl/day
39.5 bbl/day
$81,344
$55,953
Lloyd 1
(18.75% interest)
128 bbl/day
24 bbl/day
$49,408
$31,224
Lindbergh 2
(37.5% interest)
56 bbl/day
21 bbl/day
$43,261
$18,772
Lloyd 2
(18.75% interest)
6 bbl/day
1 bbl/day
$2,359
($690)
Lindbergh 3
(18.75% interest)
109 bbl/day
20.5 bbl/day
$42,213
$26,306
February 2025 Total
106 bbl/day
$218,586
$131,564
About Argo Gold
Argo Gold is a Canadian mineral exploration and development company, and an oil producer. Information on Argo Gold can be obtained from SEDAR+ at and on Argo Gold's website at Argo Gold is listed on the Canadian Securities Exchange ( CSE: ARQ as well as OTC: ARBTF and XFRA, XSTU, XBER: A2ASDS.
Judy Baker, CEO
(416) 786-7860
jbaker@
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATIONS SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
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