CFO Chris Steinhauser to Present at IPAA’s OGIS

Norse Energy Corp. ASA ("NEC" ticker code OSE - NEC, Oslo, Norway, U.S. OTCQX symbol "NSEEY") is pleased to announce that Mr. Chris Steinhauser, the company's CFO, will be presenting at Independent Petroleum Association of America, The Oil & Gas Investment Symposium (IPAA'S OGIS) in New York on Wednesday 18 April 2012 at 3:15 PM EST. The event will be held at the Sheraton New York Hotel & Towers April 16-18.

The company’s presentation will be available on Norse Energy's website www.norseenergy.com.

Following the asset sales announced in March, Norse Energy will own or lease approximately 131,000 net acres in New York State of which ~33,000 lie in the liquids rich shale fairways of Western New York, and the remaining ~98,000 net acres lie in the Marcellus and Utica natural gas fairways in Central New York. Contingent resources will total 777 MMBOE or 4.4 TCFGE.

For further information, please contact:

J. Chris Steinhauser

Chief Financial Officer

Phone: +1 716 568-2048

Email: csteinhauser@norseenergy.com