Argo's May 2025 Oil Production
Argo's May 2025 Oil Production
Toronto, Ontario--(Newsfile Corp. - July 21, 2025) - Argo Gold Inc's.
(CSE: ARQ) (OTC Pink: ARBTF)
(XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS)
("
Argo
" or the "
Company
") May 2025 oil
production was a total of 2,725 barrels for the month, averaging 88 barrels per day.
Oil prices averaged
CDN $61.50 per barrel and Argo's May oil revenue was $167,534 and net operating cash flow was
$84,600.
May 2025
Oil Production
Argo's interest
Argo's Oil Revenue
Argo's net operating
cash flow
Lindbergh 1
(37.5% interest)
91 bbl/day
34 bbl/day
$65,101
$34,490
Lloyd 1
(18.75% interest)
91 bbl/day
17 bbl/day
$33,938
$13,212
Lindbergh 2
(37.5% interest)
50 bbl/day
19 bbl/day
$35,914
$16,829
Lloyd 2
(23.077% interest)
12 bbl/day
3 bbl/day
$4,335
$559
Lindbergh 3
(18.75% interest)
79 bbl/day
15 bbl/day
$28,246
$15,509
May 2025 Total
88 bbl/day
$167,534
$84,600
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
www.sedarplus.ca
and on Argo Gold's
website at
www.argogold.com
. Argo Gold is listed on the Canadian Securities Exchange
(
www.thecse.com
) CSE:
ARQ
as well as OTC:
ARBTF
and XFRA, XSTU, XBER:
A2ASDS.
Judy Baker, CEO
(416) 786-7860
www.argogold.com
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATIONS SERVICES
PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THIS RELEASE.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/259465