Releases - Norse Energy Corp ASA

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Norse Energy Announces Bond Holder Meeting

10 May 2013
Please find attached a summons for a bondholder meeting to be held on 28 May 2013 at 13:00 hours relating to ISIN NO 0010640790 - Norse Energy ASA 12/15 5,00% USD C CONV

Norse Energy Announces Extraordinary General Meeting

8 May 2013
Norse Energy Corp. ASA ("NEC" ticker Oslo Stock Exchange, Norway; "NSEEY" ticker U.S. OTC) advises the Board of Directors ("Board") of Norse Energy Corp. ASA (the "Company") has today resolved to call for an Extraordinary General Meeting to be held on May 31, 2013 in Oslo.

Please find attached the calling notice with appendices. The calling notice has also been posted on the Company's website and...

Norse Energy Announces Decision on Home Rule

2 May 2013
Norse Energy Corp. ASA ("NEC" ticker Oslo Stock Exchange, Norway) announces a decision by the Appellate Division of the New York State Supreme Court reaffirming the ability of local municipalities to zone oil and gas drilling activities. The case directly impacts a very small amount of Norse’s acreage in the Town of Dryden (~75 acres), however, the decision could have more applicability if other...

Norse Energy US Subs Secure DIP Financing

29 April 2013
Norse Energy Corp. ASA ("NEC" ticker Oslo Stock Exchange, Norway) announces that its US subsidiaries, Norse Energy Corp. USA and Norse Energy Holdings, Inc., have secured on 29 April Final Approval of a $3.8 million Debtor in Possession (“DIP”) loan from a Norwegian-based Special Purpose Vehicle funded by certain existing NEC ASA lenders.

Norse ASA recently informed that it had secured new...

Annual Statement of Reserves 2012

25 April 2013
In accordance with guidelines provided by the Oslo Stock Exchange in Circular No. 2/2007, Norse Energy Corp. ASA ("NEC" ticker code OSE - NEC, Oslo, Norway) has posted the 2012 Annual Statement of Reserves.

For further information, please contact:

Chris Steinhauser, Chief Financial...

Mandatory notification of trade

25 April 2013
Reference is made to the stock exchange release made by Norse Energy Corp. ASA (the “Company”) on 25 April 2013 regarding the Company’s resolution to issue a convertible loan (the “Convertible Loan”).

On 25 April 2013, board member and primary insider Bjarte Bruheim subscribed for NOK 1,500,000 in the Convertible Loan. Assuming full conversion at a conversion price of NOK 0.075, this represents...

Issuance of convertible loan

25 April 2013
Reference is made to the stock exchange release announcing the Restructuring of Norse Energy Corp. ASA (the “Restructuring Release”) ("NEC ASA" or the “Company”, with the ticker “NEC” on the Oslo Stock Exchange, Norway).

In line with the terms of the Restructuring, the Board of NEC ASA has passed a resolution to issue a NOK 7,100,000 convertible loan (the “Convertible Loan”). The Convertible Loan...

Norse Announces Restructuring Agreement

25 April 2013
Norse Energy Corp. ASA ("NEC ASA" or the “Company”, with the ticker “NEC” on the Oslo Stock Exchange, Norway) announces that NEC ASA and certain of its bondholders, convertible lenders and shareholders have reached an agreement (the "Restructuring") that will (i) facilitate a comprehensive restructuring of the group's balance sheet and (ii) provide new funding for NEC ASA. As previously advised...

DELAY IN FILING OF 2012 ANNUAL ACCOUNTS AND REPORT – CHANGE IN FINANCIAL CALENDA...

23 April 2013
Norse Energy Corp. ASA ("NEC" ticker Oslo Stock Exchange, Norway) announces a delay in filing its 2012 Annual Accounts and Report and a change in its financial calendar. Due to the ongoing discussions for a refinancing of NEC ASA and its subsidiaries, the Company will not be able to file its 2012 Annual Account and Annual Report within 30 April 2013. It is expected that the 2012 Annual Accounts...

US Bankruptcy Court Supports Norse Energy US Subs Interim DIP Financing

10 April 2013
Norse Energy Corp. ASA ("NEC" ticker Oslo Stock Exchange, Norway) announces that its US subsidiaries, Norse Energy Corp. USA and Norse Energy Holdings, Inc., have received approval from the bankruptcy court, subject to amendments which were agreed upon verbally by all parties, for interim financing of up to USD 800,000. It is anticipated the amendments will be formally approved tomorrow. A hearing...

Norse Energy Corp ASA