Argo's June 2024 Oil Production
Argo Gold Inc. (CSE: ARQ) (OTC Pink: ARBTF) reported its oil production for June 2024. The company produced a total of 3,214 barrels for the month, averaging 107.5 barrels per day. With oil prices averaging CDN$80.85 per barrel, Argo's June oil revenue reached $259,855, resulting in a net operating cash flow of $170,750.
The production breakdown includes:
- Lindbergh 1 (37.5% interest): 105 bbl/day, contributing 39.5 bbl/day to Argo
- Lloyd (18.75% interest): 181 bbl/day, contributing 34 bbl/day to Argo
- Lindbergh 2 (37.5% interest): 90 bbl/day, contributing 34 bbl/day to Argo
These figures demonstrate Argo Gold's ongoing oil production activities and the resulting revenue streams from its various interests in oil fields.
Argo Gold Inc. (CSE: ARQ) (OTC Pink: ARBTF) ha riportato la sua produzione di petrolio per giugno 2024. L'azienda ha prodotto un totale di 3.214 barili nel mese, con una media di 107,5 barili al giorno. Con i prezzi del petrolio che si attestano in media a 80,85$ CDN per barile, i ricavi del petrolio di Argo per giugno hanno raggiunto 259.855$, comportando un flusso di cassa operativo netto di 170.750$.
La suddivisione della produzione include:
- Lindbergh 1 (interesse del 37,5%): 105 bbl/giorno, contribuendo con 39,5 bbl/giorno ad Argo
- Lloyd (interesse del 18,75%): 181 bbl/giorno, contribuendo con 34 bbl/giorno ad Argo
- Lindbergh 2 (interesse del 37,5%): 90 bbl/giorno, contribuendo con 34 bbl/giorno ad Argo
Questi dati dimostrano le continue attività di produzione di petrolio di Argo Gold e i relativi flussi di entrate derivanti dai suoi vari interessi nei campi petroliferi.
Argo Gold Inc. (CSE: ARQ) (OTC Pink: ARBTF) reportó su producción de petróleo para junio de 2024. La compañía produjo un total de 3,214 barriles en el mes, promediando 107.5 barriles por día. Con los precios del petróleo promediando 80.85$ CDN por barril, los ingresos de petróleo de Argo en junio alcanzaron $259,855, resultando en un flujo de caja operativo neto de $170,750.
El desglose de la producción incluye:
- Lindbergh 1 (interés del 37.5%): 105 bbl/día, contribuyendo con 39.5 bbl/día a Argo
- Lloyd (interés del 18.75%): 181 bbl/día, contribuyendo con 34 bbl/día a Argo
- Lindbergh 2 (interés del 37.5%): 90 bbl/día, contribuyendo con 34 bbl/día a Argo
Estas cifras demuestran las actividades continuas de producción de petróleo de Argo Gold y las fuentes de ingresos resultantes de sus diversos intereses en los campos petroleros.
Argo Gold Inc. (CSE: ARQ) (OTC Pink: ARBTF)는 2024년 6월의 석유 생산량을 보고했습니다. 회사는 해당 달에 총 3,214 배럴을 생산했으며, 평균 하루 107.5 배럴을 기록했습니다. 석유 가격이 평균 배럴당 80.85$ CDN에 이르러, Argo의 6월 석유 수익은 $259,855에 도달했으며, 순 운영 현금 흐름은 $170,750에 달했습니다.
생산 내역은 다음과 같습니다:
- Lindbergh 1 (37.5% 지분): 하루 105 배럴, Argo에 39.5 배럴 기여
- Lloyd (18.75% 지분): 하루 181 배럴, Argo에 34 배럴 기여
- Lindbergh 2 (37.5% 지분): 하루 90 배럴, Argo에 34 배럴 기여
이 수치는 Argo Gold의 지속적인 석유 생산 활동과 다양한 석유 분야에서의 수익원들을 보여줍니다.
Argo Gold Inc. (CSE: ARQ) (OTC Pink: ARBTF) a rapporté sa production de pétrole pour juin 2024. L'entreprise a produit un total de 3 214 barils pour le mois, avec une moyenne de 107,5 barils par jour. Avec un prix du pétrole moyen de 80,85$ CDN par baril, les revenus pétroliers d'Argo en juin ont atteint 259 855$, entraînant un flux de trésorerie opérationnel net de 170 750$.
La répartition de la production comprend :
- Lindbergh 1 (participation de 37,5 %) : 105 bbl/jour, contribuant 39,5 bbl/jour à Argo
- Lloyd (participation de 18,75 %) : 181 bbl/jour, contribuant 34 bbl/jour à Argo
- Lindbergh 2 (participation de 37,5 %) : 90 bbl/jour, contribuant 34 bbl/jour à Argo
Ces chiffres démontrent les activités de production de pétrole continues d'Argo Gold et les flux de revenus résultants de ses différents intérêts dans les champs pétroliers.
Argo Gold Inc. (CSE: ARQ) (OTC Pink: ARBTF) hat seine Ölproduktion für Juni 2024 gemeldet. Das Unternehmen produzierte insgesamt 3.214 Barrel in diesem Monat, was einem Durchschnitt von 107,5 Barrel pro Tag entspricht. Bei einem durchschnittlichen Ölpreis von 80,85$ CDN pro Barrel beliefen sich die Öleinnahmen von Argo im Juni auf 259.855$, was zu einem operativen Netto-Cashflow von 170.750$ führte.
Die Produktionsaufteilung umfasst:
- Lindbergh 1 (37,5% Anteil): 105 bbl/Tag, wovon 39,5 bbl/Tag zu Argo beitragen
- Lloyd (18,75% Anteil): 181 bbl/Tag, wovon 34 bbl/Tag zu Argo beitragen
- Lindbergh 2 (37,5% Anteil): 90 bbl/Tag, wovon 34 bbl/Tag zu Argo beitragen
Diese Zahlen zeigen die fortlaufenden Ölproduktionsaktivitäten von Argo Gold und die daraus resultierenden Einnahmeströme aus den verschiedenen Interessen an Ölfeldern.
- Total oil production of 3,214 barrels in June 2024, averaging 107.5 barrels per day
- June oil revenue of $259,855
- Net operating cash flow of $170,750 for the month
- Diversified oil production interests across multiple fields
- None.
Toronto, Ontario--(Newsfile Corp. - August 15, 2024) - Argo Gold Inc's. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") June 2024 oil production was a total of 3,214 barrels for the month, averaging 107.5 barrels per day. Oil prices averaged CDN
| June 2024 | Oil Production | Argo's interest | Argo's Oil Revenue | Argo's net operating cash flow |
| Lindbergh 1 ( | 105 bbl/day | 39.5 bbl/day | ||
| Lloyd ( | 181 bbl/day | 34 bbl/day | ||
| Lindbergh 2 ( | 90 bbl/day | 34 bbl/day |
About Argo Gold
Argo Gold is a Canadian mineral exploration and development company, and an oil producer. Information on Argo Gold can be obtained from SEDAR at www.sedarplus.ca and on Argo Gold's website at www.argogold.com. Argo Gold is listed on the Canadian Securities Exchange (www.thecse.com) (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS).
Judy Baker, CEO
(416) 786-7860
jbaker@argogold.ca
www.argogold.com
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATIONS SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Forward-Looking Information Cautionary Statement
Except for statements of historic fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to the financing not being completed in its entirety, or at all, delays or uncertainties with drilling and surface preparation work, and not achieving hoped for exploration success. There are uncertainties inherent in forward-looking information, including factors beyond the Company's control. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company's filings with Canadian securities regulators, which filings are available.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/220050
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