Commodities
Argo Gold Sees Strong Oil Production in July 2026
Argo Gold Inc. (CSE: ARQ) has reported its oil production results for July 2026, producing a total of 2,203 barrels at an average price of CAD$83 per barrel.
The company's five oil interests contributed to the overall output, with the Lloyd 2 property being the top contributor, producing 120 barrels per day gross and generating $71,509 in revenue for Argo Gold.
Other notable contributors were Lindbergh 3 and Lindbergh 1, which produced 72 barrels per day gross and 39 barrels per day gross respectively, yielding significant revenue for the company.
The operating cash flow margin of $109,516 against oil revenue of $182,443 indicates a strong operating performance for Argo Gold in July 2026.