ARQ Argo Gold Inc

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 2025Oil ProductionArgo's interestArgo's Oil RevenueArgo'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/day21 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/day20.5 bbl/day$42,213$26,306
February 2025 Total106 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

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

EN
06/05/2025

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Reports on Argo Gold Inc

 PRESS RELEASE

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Argo's Oil Update

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Argo Increases Its Uranium Mineral Claim Position in the Athabasca Bas...

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 PRESS RELEASE

Argo's May 2025 Oil Production

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