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Govt. to fund half the cost of deepwater wells, recover money from winners

That recovery clause, set out in newly issued operational guidelines, is the scheme's central bargain — the government carries early geological risk and keeps a claim on any upside

· 10/25/2026, 7:12:53 AM· 2 min read
Govt. to fund half the cost of deepwater wells, recover money from winners
That recovery clause, set out in newly issued operational guidelines, is the scheme's central bargain — the government carries early geological risk and keeps a claim on any upside
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