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Argo Gold Expands Oil Operations with New Well

Argo Gold (TSE:ARQ) has released an update.

Argo Gold Inc., a Canadian mineral exploration and oil production company, has announced its involvement in the production of a second horizontal oil well at Lloyd in the General Petroleum Formation, expanding its oil development portfolio. With an 18.75% stake in the project, the company continues to grow its presence in the oil sector with plans for further development drilling at Lindbergh slated for the fourth quarter of 2024.

For further insights into TSE:ARQ stock, check out TipRanks’ Stock Analysis page.

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