Argo's May 2025 Oil Production
Argo Gold Inc. (OTC: ARBTF) reported its May 2025 oil production results, achieving total production of 2,725 barrels for the month, averaging 88 barrels per day. The company generated oil revenue of $167,534 with oil prices averaging CDN $61.50 per barrel.
The company's net operating cash flow reached $84,600 for May 2025. Production came from five wells: Lindbergh 1 (37.5% interest), Lloyd 1 (18.75% interest), Lindbergh 2 (37.5% interest), Lloyd 2 (23.077% interest), and Lindbergh 3 (18.75% interest), with varying production rates and revenue contributions.
Argo Gold Inc. (OTC: ARBTF) ha comunicato i risultati della produzione di petrolio di maggio 2025, raggiungendo una produzione totale di 2.725 barili nel mese, con una media di 88 barili al giorno. L'azienda ha generato un ricavo petrolifero di 167.534 dollari, con un prezzo medio del petrolio di 61,50 dollari canadesi per barile.
Il flusso di cassa operativo netto della societ脿 ha raggiunto i 84.600 dollari per maggio 2025. La produzione 猫 derivata da cinque pozzi: Lindbergh 1 (interesse 37,5%), Lloyd 1 (interesse 18,75%), Lindbergh 2 (interesse 37,5%), Lloyd 2 (interesse 23,077%) e Lindbergh 3 (interesse 18,75%), con tassi di produzione e contributi di ricavo variabili.
Argo Gold Inc. (OTC: ARBTF) report贸 sus resultados de producci贸n de petr贸leo de mayo de 2025, alcanzando una producci贸n total de 2,725 barriles para el mes, con un promedio de 88 barriles por d铆a. La compa帽铆a gener贸 ingresos por petr贸leo de $167,534, con precios del petr贸leo que promediaron 61.50 d贸lares canadienses por barril.
El flujo de caja operativo neto de la empresa alcanz贸 los $84,600 en mayo de 2025. La producci贸n provino de cinco pozos: Lindbergh 1 (participaci贸n del 37.5%), Lloyd 1 (participaci贸n del 18.75%), Lindbergh 2 (participaci贸n del 37.5%), Lloyd 2 (participaci贸n del 23.077%) y Lindbergh 3 (participaci贸n del 18.75%), con tasas de producci贸n y contribuciones de ingresos variables.
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Argo Gold Inc. (OTC : ARBTF) a annonc茅 ses r茅sultats de production p茅troli猫re pour mai 2025, atteignant une production totale de 2 725 barils pour le mois, avec une moyenne de 88 barils par jour. La soci茅t茅 a g茅n茅r茅 un chiffre d'affaires p茅trolier de 167 534 $, avec un prix moyen du p茅trole de 61,50 $ CAD par baril.
Le flux de tr茅sorerie op茅rationnel net de l'entreprise a atteint 84 600 $ en mai 2025. La production provenait de cinq puits : Lindbergh 1 (int茅r锚t de 37,5 %), Lloyd 1 (int茅r锚t de 18,75 %), Lindbergh 2 (int茅r锚t de 37,5 %), Lloyd 2 (int茅r锚t de 23,077 %) et Lindbergh 3 (int茅r锚t de 18,75 %), avec des taux de production et des contributions aux revenus variables.
Argo Gold Inc. (OTC: ARBTF) meldete seine 脰lproduktionszahlen f眉r Mai 2025 und erzielte eine Gesamtproduktion von 2.725 Barrel im Monat, mit einem Durchschnitt von 88 Barrel pro Tag. Das Unternehmen erzielte 脰leinnahmen von 167.534 US-Dollar bei einem durchschnittlichen 脰lpreis von 61,50 kanadischen Dollar pro Barrel.
Der Netto-Betriebscashflow des Unternehmens erreichte im Mai 2025 84.600 US-Dollar. Die Produktion 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 (23,077% Beteiligung) und Lindbergh 3 (18,75% Beteiligung), mit unterschiedlichen Produktionsraten und Einnahmebeitr盲gen.
- Generated $167,534 in oil revenue for May 2025
- Achieved positive net operating cash flow of $84,600
- Maintained steady production across 5 wells with average of 88 barrels per day
- Relatively modest production volume at 88 barrels per day average
- Oil prices at moderate level of CDN $61.50 per barrel
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
| May 2025 | Oil Production | Argo's interest | Argo's Oil Revenue | Argo's net operating cash flow |
| Lindbergh 1 ( | 91 bbl/day | 34 bbl/day | ||
| Lloyd 1 ( | 91 bbl/day | 17 bbl/day | ||
| Lindbergh 2 ( | 50 bbl/day | 19 bbl/day | ||
| Lloyd 2 ( | 12 bbl/day | 3 bbl/day | ||
| Lindbergh 3 ( | 79 bbl/day | 15 bbl/day | ||
| May 2025 Total | 88 bbl/day | |||
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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