Argo's June Oil Production

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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$84 per barrel, and Argo's oil revenue was $181,184 and net operating cash flow was $116,962.

June 2026	Oil Production	Argo's interest	Argo's Oil Revenue	Argo's net operating  cash flow
Lindbergh 1 (37.5% interest)	34 bbl/day	13 bbl/day	$30,955	$18,653
Lloyd 1 (18.75% interest)	60 bbl/day	11 bbl/day	$28,283	$13,790
Lindbergh 2 (37.5% interest)	28 bbl/day	11 bbl/day	$29,028	$17,690
Lindbergh 3 (18.75% interest)	34 bbl/day	6 bbl/day	$15,071	$3,992
Lloyd 2 (23.077% interest)	134 bbl/day	31 bbl/day	$77,847	$62,838
June 2026 Total		72 bbl/day	$181,184	$116,962

 

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

FAQ

What was Argo Gold’s (OTC: ARBTF) total oil production in June 2026?

Argo Gold produced 2,159 barrels of oil in June 2026, averaging 72 barrels per day. According to Argo Gold, this production came from its Lindbergh and Lloyd interests, which collectively generated the company’s June oil revenue and net operating cash flow.

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

Argo Gold generated oil revenue of $181,184 in June 2026. According to Argo Gold, this was based on an average oil price of $84 per barrel and production of 2,159 barrels across its Lindbergh and Lloyd working interests during the month.

What was Argo Gold’s net operating cash flow from oil in June 2026?

Argo Gold reported net operating cash flow of $116,962 from oil operations in June 2026. According to Argo Gold, this cash flow was derived from total oil revenue of $181,184 across its Lindbergh and Lloyd properties after operating costs for the month.

Which Argo Gold asset contributed most to June 2026 oil cash flow for ARBTF?

Lloyd 2 contributed the most to Argo Gold’s June 2026 oil cash flow. According to Argo Gold, Lloyd 2 (23.077% interest) averaged 134 bbl/day gross, 31 bbl/day net, generating $77,847 in revenue and $62,838 in net operating cash flow.

What was the average realized oil price for Argo Gold (ARBTF) in June 2026?

Argo Gold realized an average oil price of $84 per barrel in June 2026. According to Argo Gold, this price applied to its 2,159 barrels of production from the Lindbergh and Lloyd interests, resulting in total oil revenue of $181,184 for the month.