Commodities
Argo Gold Sees June Oil Production Reach 2,159 Barrels at $84 Average Price
Argo Gold Inc (CSE: ARQ) has released its June 2026 oil production update, reporting total output of 2,159 barrels averaging 72 barrels per day across five producing assets.
The company generated oil revenue of $181,184 and net operating cash flow of $116,962 for the month, with oil prices averaging CAD$84 per barrel.
Lloyd 2, an asset in which Argo holds a 23.077% interest, contributed the largest share of both revenue and cash flow, producing 134 barrels per day gross and generating oil revenue of $77,847 and net operating cash flow of $62,838.