Argo Gold Inc.'s. Year-End 2023 Reserves Report , with an effective date of December 31, 2023, is summarized below. The Reserves Report was completed by Petrotech and Associates, an independent qualified reserves evaluator based in Calgary, Alberta, and was prepared in accordance with the Canadian Oil and Gas Evaluation Handbook and National [...]
Argo Gold Inc.'s. February 2024 oil production was a total of 3,182 barrels for the month, averaging 110 barrels per day. Oil prices averaged CDN$68 per barrel and Argo's February oil revenue was $215,909 and net operating cash flow was $133,947. February 2024 Oil Production Argo's interest Argo's Oil Revenue Argo's net operating cash flow [...]
Argo Gold Inc.'s. January 2024 oil production was a total of 3622 barrels for the month, averaging 117 barrels per day. Oil prices averaged CDN$59.23 per barrel and Argo's January oil revenue was $214,537 and net operating cash flow was $124,483. January 2024 Oil Production Argo's interest Argo's Oil Revenue Argo's net operating cash flow Lindbergh [...]
Argo Gold Inc.'s. oil December 2023 oil production reached a record of 3,980.5 barrels for the month, averaging 128.4 barrels per day. Despite low oil prices averaging CDN$43.55 per barrel, Argo's December oil revenue was $173,333 and net operating cash flow was $106,528. December 2023 Oil Production Argo's interest Argo's Oil Revenue Argo's net [...]
Argo Gold Inc.'s. oil production results for November 2023 are: November 2023 Oil Production Argo's interest Argo's Oil Revenue Argo's net operating cash flow Lindbergh 1 88 bbl/day 33 bbl/day $60,429 $36,533 Lloyd 230 bbl/day 43 bbl/day $89,208 $78,752 In late November, a second horizontal oil well was drilled and completed at Lindbergh in the [...]
Argo Gold Inc.'s. oil production results for October 2023 are: October 2023 Oil Production Argo's interest Argo's Oil Revenue Argo's net operating cash flow Lindbergh 124.5 bbl/day 46.7 bbl/day $114,146 $76,350 Lloyd 217.3 bbl/day 40.7 bbl/day $103,627 $91,266 In late November, a second horizontal oil well was drilled and completed at Lindbergh in [...]
Argo Gold Inc.'s. oil production results for September 2023: Lindbergh Oil Production Argo's 37.5% interest Argo's Oil Revenue Argo's net operating cash flow September 2023 115 bbl/day 43.4 bbl/day $115,536 $83,068 Argo also announces that the seven leg multi-lateral horizontal Lloyd oil well in the Sparky formation was completed in late September [...]
Argo Gold Inc. announces its oil production results for the Lindbergh oil well for August 2023. Lindbergh Oil Production Argo's 37.5% interest Argo's Oil Revenue Argo's net operating cash flow August 2023 135 bbl/day 50.6 bbl/day $130,461 $91,292 Argo also has a mutual area of interest at Lindbergh, whereby Argo can participate in additional oil [...]
Argo Gold Inc. announces that drilling has begun at the Lloyd oil well proximal to Lloydminister, Alberta. The Lloyd oil well is a mulit-lateral horizontal oil well targeting 3000 metres in the Sparky oil formation. Argo's interest in Lloyd is pursuant to Argo's second participation agreement with Croverro Energy, whereby Argo is paying the [...]
Argo Gold Inc. announces its oil production results for the Lindbergh oil well for July 2023. Lindbergh Oil Production Argo's 37.5% interest Argo's Oil Revenue Argo's net operating cash flow July 2023 130 bbl/day 48.6 bbl/day $115,890 $80,262 Drilling commenced at Lindbergh in mid-March 2023 and the oil well came online in late March 2023. Argo [...]
Argo Gold Inc. announces that effective immediately it is engaging 1000156886 Ontario Limited for technical services for public awareness outreach in Canada, Europe and the United States; utilizing all public awareness platforms. All information and content about Argo Gold will be supplied by Argo Gold. 1000156886 Ontario Limited and Argo Gold are [...]
Argo Gold Inc. announces its oil production results for the Lindbergh oil well including April, May and June 2023. Drilling commenced at the Lindbergh in mid-March 2023 and the oil well came online in late March 2023. Lindbergh Oil Production Argo's 37.5% interest Argo's Oil Revenue Argo's net operating cash flow April 2023 115 bbl/day 43.4 bbl/day [...]
