COMMODITIES
Oil
WELLS
5 (participating)
2025 CASH FLOW
CAD$1.0 M
2024 CASH FLOW
CAD$1.7 M
OVERVIEW
Participating interest in five producing oil wells in the Lloydminster area - the cash engine behind the exploration portfolio.
Argo’s energy assets are what separate it from the typical junior explorer. Five producing wells in the Lloydminster area of Alberta deliver monthly revenue that funds mineral exploration without going back to the market.
Producing is reported publicly every month. Future development drilling at the Lloyd and Lindbergh plays is paced against the oil price.
KEY POINTS
01
Participating interest in five oil wells in the Lloydminster area of Alberta
02
Lloyd 2 partial redial completed and back on production as of early March
03
2025 net operating cash flow oil operation finalized at CAD$1.0 M
04
2024 net operating cash flow oil operation finalized at CAD$1.7 M
05
Oil-price dependent plans include development drilling at the Lloyd and Lindbergh plays
More projects
VIEW ALL
GOLD
Uchi Gold Project
Multi-million-ounce gold deposit potential on the Great Bear Trend, assembled after a 23-year exploration hiatus.
GOLD
Talbot Lake Gold Project
24 line-kilometres of banded iron formation gold targets identified for follow-up drilling.
GOLD
Angela Lake Gold Project
Ground in the area of the 5-million-ounce Springhole gold deposit, with high grade boulder mineralization warranting follow-up.
CONTACT
Speak directly with the people running the company
Paul Poggione
President
(613) 277-1989
paul@argogold.ca
Judy Baker
Founder, CEO & Director
(416) 786-7860
jbaker@argogold.ca