Update from Africa Oil today ..(translated from swedish with bablefish)

"Next drill results are expected for the Kenyan well Agete at the end of the current month, while results for the Ethiopian well Tultule, Kenyan Bahasi and Ethiopian El Kuran are all waiting around mid-December, according to Keith Hill."

"There is a lot going on now," concludes Keith Hill drilling program.

Keith Hill continues:

  "But I would not be surprised if someone wanted to make a bid for the entire company. However, one should take into account the capital gain tax on around 10-15 percent. Everything is for sale, but the price is right."

  Interest in Africa Oil missing certainly not according to CEO:

  "All the really big oil companies besides BP has contacted me. Indians, Chinese, Koreans and Japanese have shown interest. Actually, almost all expressed interest in us."