Argo's May 2025 Oil Production

Company Overview - Argo Gold Inc. is a Canadian mineral exploration and development company, also involved in oil production [3]. Oil Production and Financial Performance - In May 2025, Argo Gold produced a total of 2,725 barrels of oil, averaging 88 barrels per day [1][2]. - The average oil price for May 2025 was CDN $61.50 per barrel, resulting in total oil revenue of $167,534 [1][2]. - The net operating cash flow for the month was $84,600 [1][2]. Production Breakdown by Asset - Lindbergh 1: 91 bbl/day production, 34 bbl/day interest, generating $65,101 in revenue and $34,490 in cash flow [2]. - Lloyd 1: 91 bbl/day production, 17 bbl/day interest, generating $33,938 in revenue and $13,212 in cash flow [2]. - Lindbergh 2: 50 bbl/day production, 19 bbl/day interest, generating $35,914 in revenue and $16,829 in cash flow [2]. - Lloyd 2: 12 bbl/day production, 3 bbl/day interest, generating $4,335 in revenue and $559 in cash flow [2]. - Lindbergh 3: 79 bbl/day production, 15 bbl/day interest, generating $28,246 in revenue and $15,509 in cash flow [2].