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BB's Stock Haven
(Total Views: 70)
Posted On: 09/09/2024 10:48:54 AM
Post# of 38539
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Posted By: louied91
$ARBTF $ARQ.C Argo's July 2024 Oil Production


https://www.newsfilecorp.com/release/222641/A...Production

Toronto, Ontario--(Newsfile Corp. - September 9, 2024) - Argo Gold Inc's. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company" July 2024 oil production was a total of 2,947 barrels for the month, averaging 95 barrels per day. Oil prices averaged CDN$81.79 per barrel and Argo's June oil revenue was $241,065 net operating cash flow was $161,982.

In late August, a second horizontal oil well at Lloyd was drilled and completed in the General Petroleum (GP) Formation. Argo's interest in the second oil well at Lloyd is 18.75%. Development drilling of a third oil well at Lindbergh is planned for Q4 2024.

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