Argo Gold Hits 72 bbl/day Oil Average in June
Argo Gold Inc. has released its oil production data for June 2026. The company's total oil production for the month was 2,159 barrels, averaging 72 barrels per day. This brings in revenue and net operating cash flow for Argo Gold.
The Lindbergh 1 well had an average daily production of 34 barrels and brought in $18,653 in net operating cash flow. The Lloyd 1 well averaged 60 barrels per day with a net operating cash flow of $13,790. Other wells included the Lindbergh 2, Lindbergh 3, and Lloyd 2.
Argo Gold's oil revenue for June was $181,184, while its net operating cash flow was $116,962. The company has a diverse interest in various wells, including the Lindbergh 1 with a 37.5% stake, the Lloyd 1 with an 18.75% stake, and the Lloyd 2 with a 23.077% stake.