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Bullboard - Stock Discussion Forum Argo Gold Inc C.ARQ

Alternate Symbol(s):  ARBTF

Argo Gold Inc. is a Canada-based mineral exploration and development company. The Company is also an oil producer. It is engaged in the acquisition, exploration, and development of mineral properties, and is acquiring potential oil and gas assets for exploration and production. Its projects include the Uchi Gold Project, Northwestern Ontario Gold Projects, and Oil and Gas Projects in Alberta... see more

CSE:ARQ - Post Discussion

Argo Gold Inc > Argo's September 2024 Oil Production and Update
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Post by AveragePenny on Nov 07, 2024 10:05am

Argo's September 2024 Oil Production and Update

Toronto, Ontario--(Newsfile Corp. - November 7, 2024) - Argo Gold Inc's. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") September 2024 oil production was a total of 3,565 barrels for the month, averaging 118 barrels per day. Oil prices averaged CDN$68 per barrel and Argo's September oil revenue was $241,198 and net operating cash flow was $163,738.

Lloyd 2 was drilled in late August, equipped in early September, and on production since mid-September. In October 2024, Argo participated for an 18.75% interest in development drilling of a third oil well at Lindbergh that came on production in late October.

https://www.newsfilecorp.com/release/229167
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