Argo's October Oil Production

Rhea-AI Summary

Argo Gold (OTC: ARBTF) reported October 2025 oil production of 1,800 barrels, averaging 58 barrels per day. Average oil price was CAD$59 per barrel, generating $107,021 in oil revenue and $57,435 in net operating cash flow for the month.

Production by well (Argo interest): Lindbergh 1 contributed ~20 bbl/day and $35,729 revenue; Lloyd 1 ~14 bbl/day and $25,041 revenue; Lindbergh 2 ~16 bbl/day and $25,841 revenue; Lindbergh 3 ~11 bbl/day and $20,410 revenue.

Toronto, Ontario--(Newsfile Corp. - December 22, 2025) - Argo Gold Inc's. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") October 2025 oil production was 1,800 barrels, averaging 58 barrels per day. Oil prices averaged CAD$59 per barrel, and Argo's oil revenue was $107,021 and net operating cash flow was $57,435.

October 2025	Oil Production	Argo's interest	Argo's Oil Revenue	Argo's net operating cash flow
Lindbergh 1 (37.5% interest)	52 bbl/day	20 bbl/day	$35,729	$22,012
Lloyd 1 (18.75% interest)	73 bbl/day	14 bbl/day	$25,041	$13,142
Lindbergh 2 (37.5% interest)	43 bbl/day	16 bbl/day	$25,841	$11,125
Lindbergh 3 (18.75% interest)	60 bbl/day	11 bbl/day	$20,410	$11,156
October 2025 Total		58 bbl/day	$107,021	$57,435

 

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/278808

FAQ

What was Argo's total oil production and daily average for October 2025 (ARBTF)?

Argo produced 1,800 barrels in October 2025, averaging 58 barrels per day.

How much oil revenue did Argo report for October 2025 (ARBTF)?

Argo reported $107,021 in oil revenue for October 2025.

What was Argo's net operating cash flow for October 2025 (ARBTF)?

Net operating cash flow for October 2025 was $57,435.

What average oil price did Argo use for October 2025 reporting (ARBTF)?

Argo reported an average oil price of CAD$59 per barrel for October 2025.

How much did Lindbergh 1 contribute to Argo's October 2025 production and revenue (ARBTF)?

Lindbergh 1 (37.5% interest) contributed about 20 bbl/day to Argo and generated $35,729 revenue in October 2025.

What were Argo's per-well revenue contributions for October 2025 (ARBTF)?

October 2025 revenue contributions were: Lindbergh 1 $35,729, Lloyd 1 $25,041, Lindbergh 2 $25,841, Lindbergh 3 $20,410.