Argo Gold's July Oil Production Totals 2,203 Barrels
Argo Gold Inc., a Canadian mineral exploration and development company, has released its July 2026 oil production update. The company reported total output of 2,203 barrels averaging 71 barrels per day across five active oil properties.
The Lloyd 2 asset contributed the largest share at 28 barrels per day net to Argo, generating revenue of CAD$71,509 and net operating cash flow of CAD$55,573. The Lindbergh 1 property contributed 15 net barrels per day and CAD$21,880 in net operating cash flow.
The company's combined oil revenue of CAD$182,443 translated into net operating cash flow of CAD$109,516 for July 2026, reflecting the cost structure associated with each working-interest position. The announcement serves as a reminder that Argo Gold operates as both a mineral explorer and an active oil producer.
The diversified asset base and dual-sector identity distinguish Argo from pure-play exploration companies.