Argo's January 2025 Oil Production
Argo Gold (OTC: ARBTF) reported its oil production figures for early 2025. In January 2025, the company produced 3,541 barrels of oil, averaging 114 barrels per day, with oil prices averaging CDN$77.65 per barrel. This resulted in January oil revenue of $274,990 and net operating cash flow of $186,454.
For February 2025, Argo's oil production decreased to approximately 2,971 barrels, with a daily average of 106 barrels.
Argo Gold (OTC: ARBTF) ha riportato i dati di produzione di petrolio per inizio 2025. A gennaio 2025, l'azienda ha prodotto 3.541 barili di petrolio, con una media di 114 barili al giorno, mentre i prezzi del petrolio hanno avuto una media di CDN$77,65 per barile. Questo ha portato a un fatturato da petrolio di gennaio di $274.990 e un flusso di cassa operativo netto di $186.454.
Per febbraio 2025, la produzione di petrolio di Argo è diminuita a circa 2.971 barili, con una media giornaliera di 106 barili.
Argo Gold (OTC: ARBTF) informó sobre sus cifras de producción de petróleo para principios de 2025. En enero de 2025, la compañía produjo 3,541 barriles de petróleo, con un promedio de 114 barriles por día, y los precios del petróleo promediaron CDN$77.65 por barril. Esto resultó en ingresos por petróleo en enero de $274,990 y un flujo de caja operativo neto de $186,454.
Para febrero de 2025, la producción de petróleo de Argo disminuyó a aproximadamente 2,971 barriles, con un promedio diario de 106 barriles.
Argo Gold (OTC: ARBTF)는 2025년 초 석유 생산 수치를 보고했습니다. 2025년 1월, 이 회사는 3,541배럴의 석유를 생산했으며, 하루 평균 114배럴을 기록했고, 석유 가격은 배럴당 평균 CDN$77.65였습니다. 이로 인해 1월의 석유 수익은 $274,990였고, 순 운영 현금 흐름은 $186,454였습니다.
2025년 2월에는 Argo의 석유 생산량이 약 2,971배럴로 감소하였으며, 하루 평균 106배럴을 기록했습니다.
Argo Gold (OTC: ARBTF) a annoncé ses chiffres de production de pétrole pour début 2025. En janvier 2025, l'entreprise a produit 3 541 barils de pétrole, avec une moyenne de 114 barils par jour, tandis que les prix du pétrole ont atteint une moyenne de CDN$77,65 par baril. Cela a entraîné des revenus pétroliers de $274 990 en janvier et un flux de trésorerie d'exploitation net de $186 454.
Pour février 2025, la production de pétrole d'Argo a diminué à environ 2 971 barils, avec une moyenne quotidienne de 106 barils.
Argo Gold (OTC: ARBTF) hat seine Ölproduktionszahlen für Anfang 2025 veröffentlicht. Im Januar 2025 produzierte das Unternehmen 3.541 Barrel Öl, mit einem Durchschnitt von 114 Barrel pro Tag, während die Ölpreise durchschnittlich CDN$77,65 pro Barrel betrugen. Dies führte zu einem Ölumsatz im Januar von $274.990 und einem Netto-Betriebs-Cashflow von $186.454.
Für Februar 2025 sank die Ölproduktion von Argo auf etwa 2.971 Barrel, mit einem Tagesdurchschnitt von 106 Barrel.
- Strong January oil revenue of $274,990
- Healthy January net operating cash flow of $186,454
- Stable oil production averaging over 100 barrels per day
- February oil production declined by 16% compared to January
- Daily production dropped from 114 to 106 barrels per day
Toronto, Ontario--(Newsfile Corp. - March 19, 2025) - Argo Gold Inc's. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") January 2025 oil production was a total of 3,541 barrels for the month, averaging 114 barrels per day. Oil prices averaged CDN
| January 2025 | Oil Production | Argo's interest | Argo's Oil Revenue | Argo's net operating cash flow |
| Lindbergh 1 ( | 112 bbl/day | 42 bbl/day | ||
| Lloyd 1 ( | 154 bbl/day | 29 bbl/day | ||
| Lindbergh 2 ( | 62 bbl/day | 23 bbl/day | ||
| Lloyd 2 ( | 13 bbl/day | 2.5 bbl/day | ||
| Lindbergh 3 ( | 93 bbl/day | 17.5 bbl/day | ||
| January 2025 Total | 114 bbl/day | |||
Argo's February oil production was approximately 2,971 barrels averaging 106 barrels per 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 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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/245239
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