Argo's March 2025 Oil Production
Argo Gold Inc (ARBTF) reported its March 2025 oil production results, achieving a total output of 3,249 barrels for the month, averaging 105 barrels per day. With oil prices averaging CDN$65 per barrel, the company generated revenue of $211,595 and net operating cash flow of $112,770.
The company's production came from five wells: Lindbergh 1 (37.5% interest), Lloyd 1 (18.75% interest), Lindbergh 2 (37.5% interest), Lloyd 2 (18.75% interest), and Lindbergh 3 (18.75% interest). In April 2025, Argo paid an annual Alberta tax of $130,619 on its 2024 oil production on freehold lands.
Argo Gold Inc (ARBTF) ha comunicato i risultati della produzione di petrolio di marzo 2025, raggiungendo un totale di 3.249 barili nel mese, con una media di 105 barili al giorno. Con un prezzo medio del petrolio di 65 dollari canadesi per barile, l'azienda ha generato un ricavo di 211.595 dollari e un flusso di cassa operativo netto di 112.770 dollari.
La produzione della societ脿 猫 derivata da cinque pozzi: Lindbergh 1 (37,5% di interesse), Lloyd 1 (18,75% di interesse), Lindbergh 2 (37,5% di interesse), Lloyd 2 (18,75% di interesse) e Lindbergh 3 (18,75% di interesse). Ad aprile 2025, Argo ha versato una tassa annuale dell'Alberta di 130.619 dollari sulla produzione petrolifera del 2024 su terreni privati.
Argo Gold Inc (ARBTF) report贸 sus resultados de producci贸n de petr贸leo de marzo de 2025, alcanzando una producci贸n total de 3,249 barriles durante el mes, con un promedio de 105 barriles por d铆a. Con un precio promedio del petr贸leo de 65 d贸lares canadienses por barril, la compa帽铆a gener贸 ingresos de 211,595 d贸lares y un flujo neto de caja operativo de 112,770 d贸lares.
La producci贸n de la empresa provino de cinco pozos: Lindbergh 1 (37.5% de participaci贸n), Lloyd 1 (18.75% de participaci贸n), Lindbergh 2 (37.5% de participaci贸n), Lloyd 2 (18.75% de participaci贸n) y Lindbergh 3 (18.75% de participaci贸n). En abril de 2025, Argo pag贸 un impuesto anual de Alberta de 130,619 d贸lares sobre su producci贸n petrolera de 2024 en tierras privadas.
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Argo Gold Inc (ARBTF) a publi茅 ses r茅sultats de production p茅troli猫re pour mars 2025, atteignant une production totale de 3 249 barils pour le mois, avec une moyenne de 105 barils par jour. Avec un prix moyen du p茅trole de 65 dollars canadiens par baril, la soci茅t茅 a g茅n茅r茅 un chiffre d'affaires de 211 595 dollars et un flux de tr茅sorerie net d'exploitation de 112 770 dollars.
La production de l'entreprise provenait de cinq puits : Lindbergh 1 (37,5 % d'int茅r锚t), Lloyd 1 (18,75 % d'int茅r锚t), Lindbergh 2 (37,5 % d'int茅r锚t), Lloyd 2 (18,75 % d'int茅r锚t) et Lindbergh 3 (18,75 % d'int茅r锚t). En avril 2025, Argo a pay茅 une taxe annuelle de l'Alberta de 130 619 dollars sur sa production p茅troli猫re de 2024 sur des terres priv茅es.
Argo Gold Inc (ARBTF) meldete seine 脰lf枚rderergebnisse f眉r M盲rz 2025 und erreichte eine Gesamtproduktion von 3.249 Barrel im Monat, mit einem Durchschnitt von 105 Barrel pro Tag. Bei einem durchschnittlichen 脰lpreis von 65 kanadischen Dollar pro Barrel erzielte das Unternehmen Einnahmen von 211.595 Dollar und einen Netto-Cashflow aus dem operativen Gesch盲ft von 112.770 Dollar.
Die Produktion des Unternehmens stammte aus f眉nf Bohrl枚chern: Lindbergh 1 (37,5 % Beteiligung), Lloyd 1 (18,75 % Beteiligung), Lindbergh 2 (37,5 % Beteiligung), Lloyd 2 (18,75 % Beteiligung) und Lindbergh 3 (18,75 % Beteiligung). Im April 2025 zahlte Argo eine j盲hrliche Steuer in Alberta von 130.619 Dollar auf die 脰lf枚rderung von 2024 auf eigenen Grundst眉cken.
- Revenue generation of $211,595 from oil production
- Positive net operating cash flow of $112,770
- Steady production across multiple wells with 105 bbl/day average
- Lloyd 2 well operating at a loss with negative cash flow of $1,440
- Significant annual tax payment of $130,619 on freehold lands
- Relatively low oil price environment at CDN$65 per barrel
Toronto, Ontario--(Newsfile Corp. - May 12, 2025) - Argo Gold Inc's. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") March 2025 oil production was a total of 3,249 barrels for the month, averaging 105 barrels per day. Oil prices averaged CDN
| March 2025 | Oil Production | Argo's interest | Argo's Oil Revenue | Argo's net operating cash flow |
| Lindbergh 1 ( | 103 bbl/day | 39 bbl/day | ||
| Lloyd 1 ( | 142 bbl/day | 27 bbl/day | ||
| Lindbergh 2 ( | 64.5 bbl/day | 24 bbl/day | ||
| Lloyd 2 ( | 5 bbl/day | 1 bbl/day | ( | |
| Lindbergh 3 ( | 77 bbl/day | 14 bbl/day | ||
| March 2025 Total | 105 bbl/day | |||
In April 2025, Argo paid an annual Alberta tax on its 2024 oil production on freehold lands of
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
[email protected]
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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