Where did you get that information that the GM-1 well costs $30?
COP pays $13m for each well. NSE pays the excessive amount. NSE may pay may pay $2-3m for GM-1 ! Let's say NSE will pay $5m as we have some problems. But I don't think it would be any more than that.
They have made some infrastructure like roads and airstrip for Nicolay-1 well. They paid some money for this but it is being used used for other wells as well.
I don't understand why is the casting of ten of millions of dollar ideas here? Where is the fact about it?
Also, this company makes other work for Merlinleigh and Laurel projects as well. They are not free!
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