Argo's April Oil Production

Rhea-AI Summary

Argo Gold (OTC:ARBTF) reported April 2026 oil production of 2,290 barrels, averaging 76 barrels per day. The average realized oil price was CAD$111 per barrel.

April oil revenue totaled $253,405, generating net operating cash flow of $145,260 across its Lindbergh and Lloyd interests.

AI-generated analysis. Not financial advice.

Positive

• April 2026 oil production of 2,290 barrels, averaging 76 barrels per day
• Average realized oil price of CAD$111 per barrel in April 2026
• April 2026 oil revenue of $253,405
• April 2026 net operating cash flow of $145,260
• Lloyd 2 well generated $105,795 revenue and $86,040 net operating cash flow

Negative

• None.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Toronto, Ontario--(Newsfile Corp. - June 11, 2026) - Argo Gold Inc's. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") April 2026 oil production was 2,290 barrels, averaging 76 barrels per day. Oil prices averaged CAD$111 per barrel, and Argo's oil revenue was $253,405 and net operating cash flow was $145,260.

April 2026	Oil Production	Argo's interest	Argo's Oil Revenue	Argo's net operating cash flow
Lindbergh 1 (37.5% interest)	35 bbl/day	13 bbl/day	$44,559	$5,168
Lloyd 1 (18.75% interest)	54 bbl/day	10 bbl/day	$33,352	$21,018
Lindbergh 2 (37.5% interest)	26 bbl/day	10 bbl/day	$35,341	$18,684
Lindbergh 3 (18.75% interest)	56 bbl/day	11 bbl/day	$34,359	$14,386
Lloyd 2 (23.077% interest)	140 bbl/day	32 bbl/day	$105,795	$86,040
April 2026 Total		76 bbl/day	$253,405	$145,260

 
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.

Paul Poggione, President
(613) 277-1989
paul@argogold.ca

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301061

FAQ

What was Argo Gold (OTC:ARBTF) oil production in April 2026?

Argo Gold produced 2,290 barrels of oil in April 2026, averaging 76 barrels per day. According to Argo, this production came from its working interests in the Lindbergh and Lloyd wells, reflecting the company’s current conventional oil output profile.

How much oil revenue did Argo Gold (ARBTF) generate in April 2026?

Argo Gold generated $253,405 in oil revenue during April 2026. According to Argo, this revenue was based on an average realized oil price of CAD$111 per barrel and production from its Lindbergh and Lloyd working-interest wells in Alberta.

What was Argo Gold (ARBTF) net operating cash flow from oil in April 2026?

Argo Gold reported net operating cash flow of $145,260 from oil operations in April 2026. According to Argo, this figure reflects cash generated after operating costs from its Lindbergh and Lloyd wells, providing insight into short-term cash generation from its oil assets.

What average oil price did Argo Gold (ARBTF) realize in April 2026?

Argo Gold realized an average oil price of CAD$111 per barrel in April 2026. According to Argo, this price underpinned $253,405 in monthly oil revenue and $145,260 in net operating cash flow from its Canadian conventional oil production.

Which well contributed most to Argo Gold (ARBTF) April 2026 cash flow?

The Lloyd 2 well contributed the most to April 2026 net operating cash flow. According to Argo, Lloyd 2 generated $105,795 in oil revenue and $86,040 in net operating cash flow, making it the company’s largest reported cash generator for the month.