Beside the release of the government's final Energy Strategy was a report from Woodward Partners purporting to estimate the potential royalty income from existing, and yet to be discovered oilfields.
Business cheerleaders such as the National Business Review typically took the most extreme best case guesstimate and trumpeted the report with headlines of a $13 billion bonanza. But if they had bothered to actually read the report they would find that quite different story emerges.
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