Production / Operations
Argo's December Oil Production
ARQ · Price
Executive Summary
- Argo Gold reports December 2025 oil production of 2,076 barrels total (averaging 67 bbl/day) with average oil price of CAD $54 per barrel.
- Total oil revenue for the month was $112,655 and net operating cash flow amounted to $68,646.
- Production and financial contributions are broken down by each operated asset (Lindbergh 1, Lloyd 1, Lindbergh 2, Lindbergh 3) reflecting Argo’s varying ownership percentages.
Key Details
- Overall December 2025 production: 2,076 barrels total; 67 bbl/day average.
- Average oil price: CAD $54 per barrel.
- Total oil revenue (December 2025): $112,655.
- Net operating cash flow (December 2025): $68,646.
Asset‑level breakdown
| Asset | Argo Interest | Production (bbl/day) | Net Daily Production to Argo | Oil Revenue ($) | Net Operating Cash Flow ($) |
|---|---|---|---|---|---|
| Lindbergh 1 | 37.5% | 74 | 28 | $47,006 | $30,803 |
| Lloyd 1 | 18.75% | 71 | 13 | $22,672 | $13,531 |
| Lindbergh 2 | 37.5% | 39 | 15 | $23,130 | $12,776 |
| Lindbergh 3 | 18.75% | 59 | 11 | $19,847 | $11,536 |
- Contact: Judy Baker, CEO – (416) 786‑7860; [email protected]
No additional quotes were provided in the release.
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Jun 11, 2026 · 08:19