Argo Gold Sees Steady Output in June 2026 Oil Production
Argo Gold Inc., an oil production company, has reported its June 2026 output. In that month, Argo produced 2,159 barrels of oil, averaging 72 barrels per day. The average oil price was CAD$84 per barrel, resulting in a total revenue of CAD$181,184. This revenue led to a net operating cash flow of CAD$116,962.
The production came from multiple interests, including the Lindbergh and Lloyd sites. Argo Gold's operations have shown steady output and positive cash flow alongside its mineral exploration activities. The company's ability to maintain consistent oil production is crucial for its ongoing success in both sectors.