{"id":64637,"date":"2026-03-18T18:29:01","date_gmt":"2026-03-18T12:59:01","guid":{"rendered":"https:\/\/matribhumisamachar.com\/en\/2026\/03\/18\/argos-january-oil-production\/"},"modified":"2026-04-23T21:35:07","modified_gmt":"2026-04-23T16:05:07","slug":"argos-january-oil-production","status":"publish","type":"post","link":"https:\/\/matribhumisamachar.com\/en\/2026\/03\/18\/argos-january-oil-production\/","title":{"rendered":"Argo’s January Oil Production"},"content":{"rendered":"

<\/p>\n

Toronto, Ontario–(Newsfile Corp. – March 18, 2026) – Argo Gold Inc’s. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS)<\/b>\u00a0(“Argo<\/b>” or the “Company<\/b>“)\u00a0January 2026 oil production was 2,254 barrels, averaging 73 barrels per day. Oil prices averaged CAD$57 per barrel, and Argo’s oil revenue was $129,344 and net operating cash flow was $80,891.<\/p>\n\n\n\n\n\n\n\n\n
January 2026<\/b><\/td>\nOil Production<\/td>\nArgo’s interest<\/td>\nArgo’s Oil Revenue<\/td>\nArgo’s net operating
\ncash flow<\/td>\n<\/tr>\n
Lindbergh 1
\n(37.5% interest)<\/td>\n		98 bbl\/day<\/td>\n37 bbl\/day<\/td>\n$63,759<\/td>\n$42,685<\/td>\n<\/tr>\n
Lloyd 1
\n(18.75% interest)<\/td>\n		73 bbl\/day<\/td>\n14 bbl\/day<\/td>\n$23,529<\/td>\n$14,415<\/td>\n<\/tr>\n
Lindbergh 2
\n(37.5% interest)<\/td>\n		26 bbl\/day<\/td>\n10 bbl\/day<\/td>\n$19,444<\/td>\n$10,363<\/td>\n<\/tr>\n
Lindbergh 3
\n(18.75% interest)<\/td>\n		66 bbl\/day<\/td>\n12 bbl\/day<\/td>\n$22,612<\/td>\n$13,428<\/td>\n<\/tr>\n
January 2026 Total<\/b><\/td>\n 73 bbl\/day<\/b><\/td>\n$129,344<\/b><\/td>\n$80,891<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

The partial redrill of Lloyd 2 (Argo’s interest 23.077%) was recently completed and the collapsed oil well was successfully brought back online.<\/p>\n

Argo Gold also announces that Alex H. Falconer, CPA, CA, has been appointed to the Advisory Board. Mr. Falconer has extensive board-level experience with public companies, particularly in the mineral resource and energy sectors. Mr. Falconer has been instrumental in guiding many private companies to public listings and has served as a Director and Chairman of Audit Committees for many publicly traded companies.<\/p>\n

Argo Gold also announces that effective March 18, 2026, it has granted an aggregate of 500,000 options to purchase common shares of the Company exercisable at a price of $0.12 per share and expiring on March 18, 2029, to a consultant of the Company. The common shares issuable upon exercise of the options, are subject to a four-month hold period from the date of grant.<\/p>\n

About Argo Gold <\/b><\/p>\n

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<\/a> and on Argo Gold’s website at www.argogold.com<\/a>. Argo Gold is listed on the Canadian Securities Exchange (www.thecse.com<\/a>) CSE: ARQ<\/b> as well as OTC: ARBTF<\/b> and XFRA, XSTU, XBER: A2ASDS.<\/b><\/p>\n

\n

Judy Baker, CEO
\n(416) 786-7860
\njbaker@argogold.ca<\/a>
\nwww.argogold.com<\/a><\/p>\n<\/div>\n

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATIONS SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.<\/b><\/i><\/p>\n

\"Corporate<\/p>\n

To view the source version of this press release, please visit https:\/\/www.newsfilecorp.com\/release\/288980<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Toronto, Ontario–(Newsfile Corp. – March 18, 2026) – Argo Gold Inc’s. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS)\u00a0(“Argo” or the “Company“)\u00a0January 2026 oil production was 2,254 barrels, averaging 73 barrels per day. Oil prices averaged CAD$57 per barrel, and Argo’s oil revenue was $129,344 and net operating cash flow was $80,891. …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32016],"tags":[26127,32303],"class_list":["post-64637","post","type-post","status-publish","format-standard","","category-press-releases","tag-argo-gold","tag-gogold"],"yoast_head":"\nArgo's January Oil Production - Matribhumi Samachar English<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/matribhumisamachar.com\/en\/2026\/03\/18\/argos-january-oil-production\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Argo's January Oil Production - Matribhumi Samachar English\" \/>\n<meta property=\"og:description\" content=\"Toronto, Ontario–(Newsfile Corp. – March 18, 2026) – Argo Gold Inc’s. 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