· ISIN: CA04016J1021
·
Newsfile (ID: 250944)
06 Mai 2025 03:30PM
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 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
jbaker@argogold.ca
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.
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