Argo's June Oil Production
Argo Gold (OTC: ARBTF) reported June 2026 oil production of 2,159 barrels, averaging 72 barrels per day.
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Rhea-AI Summary
Argo Gold (OTC: ARBTF) reported June 2026 oil production of 2,159 barrels, averaging 72 barrels per day. Average realized oil price was $84 per barrel, generating $181,184 in oil revenue and $116,962 in net operating cash flow.
Key assets contributing to June output and cash flow were Lindbergh 1, 2, 3 and Lloyd 1, 2, with Lloyd 2 (23.077% interest) providing 31 bbl/day, revenue of $77,847 and net operating cash flow of $62,838, according to Argo Gold.
Positive
- June 2026 oil production 2,159 barrels, averaging 72 barrels per day
- June 2026 oil revenue $181,184 at an average price of $84 per barrel
- Net operating cash flow $116,962 for June 2026 oil operations
- Lloyd 2 well contribution 31 bbl/day and $62,838 net operating cash flow in June 2026
Negative
- None.
Details
News Market Reaction – ARBTF
On Aug 13, the day this news came out, ARBTF closed 7.44% below the previous close.
Data tracked by StockTitan Argus for the Aug 13 session.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Toronto, Ontario--(Newsfile Corp. - August 13, 2026) - Argo Gold Inc's. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") June 2026 oil production was 2,159 barrels, averaging 72 barrels per day. Oil prices averaged CAD
| June 2026 | Oil Production | Argo's interest | Argo's Oil Revenue | Argo's net operating cash flow |
| Lindbergh 1 ( | 34 bbl/day | 13 bbl/day | ||
| Lloyd 1 ( | 60 bbl/day | 11 bbl/day | ||
| Lindbergh 2 ( | 28 bbl/day | 11 bbl/day | ||
| Lindbergh 3 ( | 34 bbl/day | 6 bbl/day | ||
| Lloyd 2 ( | 134 bbl/day | 31 bbl/day | ||
| June 2026 Total | 72 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 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/309479
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