Stockholm-Reuters STOCKHOLM (Reuters) Africa Oil hopes to present results on the Ethiopian well Sabisa in late mars. It said oil exploration company's CEO Keith Hill at a shareholders' meeting in the Ethiopian thursday evening. license where Sabisa is Africa Oil has an interest 30 percent, where Tullow Oil is the operator with a 50 percent share. 'If we find oil in Sabisa should the value of our company could double, "commented vd.I mid-February, however, stated Keith Hill to Sabisa results were to be expected around the end of February. The news now lets wait for at least a month, he explains: "We drilled about 100 meters per day, but then we started to get well control problems and then we started to lose circulation as well ended up in imbalance., We were practically stationary for around 16 days and possibly we will drill bit slower now late. But we should be able to come down to total depth at the end of March, but I would not be surprised if it lingers into April, "says Keith Hill to News Agency Direkt. in the Kenyan Well Paipai judge him that it will flow tested sometime during the second half of this year. "Sometime during the second half of this year, it will be," said han.Africa Oil believes that the drilling on the Kenyan well Etuko can start early of May and the results possibly can be expected towards the end of june. same block as Etuko is Africa Oil's first oil discovery, Ngamia. the test flows for just Ngamia considered the be reported around the beginning of May, according vd. is concerned, the Kenyan presidential election, where counting is in progress and where Deputy Prime Minister Uhuru Kenyatta lead so far against his main rival, Prime Minister Raila Odinga, Kieth Hill believes that investors generally prefer Raila Odinga the winner. This then Uhuru Kenyatta awaiting trial in the International Criminal Court in The Hague, the ICC, in the middle of april because of his alleged role in the unrest that followed the last presidential election when more than 1,000 people lost their lives. "I think investors would Odinga preferable because Kenyatta have the indictment against him. assessment is still that it will require a second round before a winner can be conditional, "says Keith Hill. second round is expected to be held on 11 April, which is the same day on which the indictment Kenyatta addressed by the Court in Haag.Henrik Smith +46 8 5191 7924Nyhetsbyrån Direct