Invitation to 4th Quarter 2011 Investor Presentation Webcast

February 22, 2012

Norse Energy Corp. ASA ("NEC" ticker code OSE - NEC, Oslo, Norway, U.S OTCQX symbol "NSEEY") is pleased to invite you to view the live webcast of the 4th quarter 2011 shareholder presentation on Tuesday February 28, 2012.

For the first time, the event will be broadcast from Houston, TX. Prior to the presentation, a link to the live web broadcast will be available on Norse Energy’s website.

The shareholder report and the presentation materials will also be available on our website:

www.NorseEnergy.com

Date: February 28, 2012

Time: 09:00 am CST; 4:00 pm CET

Viewers are invited to participate in a question and answer period at the end of the presentation.

For further information please contact:

Chris Steinhauser, CFO

Tel: +1 716 568 2048

Cell: +1 925 286 2819

csteinhauser@norseenergy.com