On September 17, 2024, Argo Gold Inc. participated in a second horizontal oil well project at Lloyd in the General Petroleum (GP) Formation, with a pro rata interest of 18.75%. The well, named Lloyd 2, was drilled in late August, equipped in early September, and is already on production. This marks Argo’s fourth oil well involvement, alongside Lindbergh 1, Lloyd 1, and Lindbergh 2. Plans for developing a third oil well at Lindbergh are scheduled for Q4 2024.
Argo Gold is a Canadian mineral exploration, development, and oil production company. More information about Argo Gold can be found on SEDAR at www.sedarplus.ca and on their website at www.argogold.com. The company is listed on the Canadian Securities Exchange (CSE) under the symbols ARQ, ARBTF (OTC), and A2ASDS (XFRA, XSTU, XBER).
This news release contains forward-looking information, subject to applicable securities law. The company does not guarantee the accuracy of forward-looking statements due to uncertainties and risks beyond their control. Investors are advised to exercise caution when relying on forward-looking statements. More details on potential risks and uncertainties affecting financial results can be found in the company’s filings with Canadian securities regulators.
To access the original press release, visit https://www.newsfilecorp.com/release/223596.
SOURCE: Argo Gold Inc.
