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Beware of Stereotypes: Royalties

Wednesday, December 4th, 2013 Category: Regulations & Policy
Beware of Stereotypes: Royalties

It is far too easy to use stereotypes. We at HCC are as guilty as anyone of saying things like ‘heavy Llanos oil’. The phrase ‘Colombian royalties are 20%’ comes too easily to the tongue. The graph clearly shows the diversity of royalty percentages in the country and by basin.

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