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Argo Gold Inc. reported a total of 3,269 barrels of oil production in March 2024, with an average of 105 barrels per day. The oil prices averaged CDN$73 per barrel, resulting in March oil revenue of $239,334 and a net operating cash flow of $138,860. Argo's interest in Lindbergh 1, Lloyd, and Lindbergh 2 contributed to the production and revenue figures.
Argo Gold Inc. reported a total 2023 oil production of 17,553 barrels in their first year as an oil producer in Alberta, Canada. The company's 2023 oil revenue reached $952,692 with a net operating cash flow of $665,917.
