My thoughts here are that probe have a decent offer from NOT where they can hedge their property. From a shareholders perspective, imagine what would happen if they drill and hit nothing? How much of their market cap would be gone? Maybe the deal is a swap of shares of probe for NOT shares in a certain ratio. This means that Probe share holders reduce their risk but also their reward. I think a win win is possible for both companies. Some will always play arm chair quarterback after the drill results are out but this is a play by PRB to reduce their risk and for NOT to increase their land position with a strategic acquisition!

Glorieux