Art, if STP uses a successful drill in B1 to "try to raise the ante again on signature bonuses", the ERHC deal would cost them even more than the $58mm, at least according to the way these folks think.
Conversely, if the blocks sold for $100 each, the deal with ERHC might just cost them a buck and a quarter. I bet everyone there would be happy with that and we'd be drilling by now. Go figger'...