I don't know any secrets. Sao Tome announced that ERHC had lost block 4 to Shell the beginning of this year.
In Post No. 362455, Krombacher states "Erhc clearly claims its rights in Block 4 with the caveat emptor... you think a reputable company like Shell would just take the block without paying its dues to ERHC? You think Sao Tome can confiscate a block with no remuneration to ERHC? SHAME ON YOU!"
So what is Peter to do with this money? The same as he has done before - looking for oil in weird African places that will keep him amused and not benefit stockholders.