Argo Gold Sees Strong Oil Production in July with 2,203 Barrels Across Five Alberta Sites
Argo Gold Inc., a Canadian mineral exploration and oil production firm, has released its oil production report for July 2026. The company reported a total output of 2,203 barrels at an average daily rate of 71 barrels across five Alberta properties.
The five properties in question are Lindbergh 1, Lloyd 1, Lindbergh 2, Lindbergh 3, and Lloyd 2, with Argo holding varying working interests in each. The company earned CAD$182,443 in oil revenue and achieved a net operating cash flow of CAD$109,516 during the month.
Lloyd 2 stood out as the top cash flow generator in July, delivering CAD$71,509 in oil revenue and CAD$55,573 in net operating cash flow. Argo's average realized oil price of CAD$83 per barrel supported the month's financial performance.