Argo Exploration Limited is engaged in reviewing exploration and development of resource acquisitions and management of the Company's investments. The Company operates as an explorer for base precious metals, with the emphasis on copper, gold and uranium mineralization within Australia. The Company holds interests in Pantheon Resources Plc (Pantheon). Pantheon is an oil and gas exploration and production company. Pantheon's country of operation is the United States where its principal asset is approximately 50% working interest in over four projects in Tyler & Polk Counties, East Texas, and approximately 25% working interest in another project in Polk County. The Tyler & Polk County projects are an exploration and development play in over five discreet locations with approximately two main targets, such as Woodbine/Eagleford and Austin Chalk formation. The Company's subsidiaries include Olympic Resources Limited and Athena Mines Pty Ltd.