I just made this up last night.
You will need:
4 cups peanuts
6 Tbsp canola oil
1/2 can coconut milk
This has been made using a ninja, so your results may very depending on the type of blender you have.
Place peanuts in blender and blend until evenly chopped. Add oil and milk, blend until well mixed and until it is the consistency you prefer.
May god blessings be with you always!