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<PAGE> 1 EXHIBIT 23.1 CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS We hereby consent to the incorporation by reference on Form S-8 of Tipperary Corporation of our report dated December 22, 2000, relating to the financial statements of Tipperary Corporation, which appears in Tipperary Corporation's Annual Report on Form 10-KSB for the year ended September 30, 2000. /s/ PricewaterhouseCoopers LLP Denver, Colorado December 22, 2000
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