Argo's March 2025 Oil Production

Core Insights - Argo Gold Inc reported a total oil production of 3,249 barrels in March 2025, averaging 105 barrels per day [1] - The average oil price for March 2025 was CDN$65 per barrel, resulting in oil revenue of $211,595 and net operating cash flow of $112,770 [1][2] Production Breakdown - Lindbergh 1 (37.5% interest): 103 bbl/day, oil revenue $78,114, net operating cash flow $43,967 [2] - Lloyd 1 (18.75% interest): 142 bbl/day, oil revenue $53,608, net operating cash flow $28,131 [2] - Lindbergh 2 (37.5% interest): 64.5 bbl/day, oil revenue $48,860, net operating cash flow $24,407 [2] - Lloyd 2 (18.75% interest): 5 bbl/day, oil revenue $1,915, net operating cash flow -$1,440 [2] - Lindbergh 3 (18.75% interest): 77 bbl/day, oil revenue $29,097, net operating cash flow $17,704 [2] Tax Obligation - In April 2025, Argo paid an annual Alberta tax of $130,619 on its 2024 oil production from freehold lands [2]