Norse Energy approved to start trading on OTCQX in the US

The American Depositary Receipts (ADRs) of Norse Energy Corp ASA will be trading on OTCQX International in the U.S as of today. OTCQX has established a well recognized marketplace for non-US companies listed on qualified international exchanges, and Norse Energy Corp ASA believes this listing will significantly increase investor attention across the U.S. investor community. About Norse Energy Corp. ASA (OTCQX: NSEEY, Oslo: NSE) Norse Energy Corp.’s ADRs will trade in the United States on OTCQX under the symbol “NSEEY”, where each ADR will represent 10 ordinary shares. The shares of Norse Energy, which is headquartered in Norway, are also listed on the Oslo Stock Exchange under the symbol “NEC”. While the company has oil and gas exploration and production operations in both the US and Brazil, more recently it has consolidated its US based operations to better focus on the vast potential of the Northern Appalachian Basin. “With our increased emphasis on US based oil and gas exploration assets, Norse’s inclusion on the OTCQX is a very natural progression, particularly with the ease of access it provides for the US investor,” commented Norse Energy CEO, Oivind Risberg. For more about Norse Energy, visit: www.norseenergy.com. About OTCQX The OTCQX marketplace is the premier tier of the U.S. over-the-counter market. Investor-focused companies use the quality controlled OTCQX listing platform to offer investors transparent trading, superior information, and easy access through their regulated U.S. broker-dealers. The innovative OTCQX platform offers companies and their shareholders a level of marketplace services formerly available only on a U.S. exchange. For more about OTCQX, visit www.otcqx.com. For further information please contact: Anders Kapstad, CFO Tel: +47 67 51 61 12 Cell: +47 918 17 442 Email: akapstad@norseenergy.com S. Dennis Holbrook, Exec. VP, U.S. Investor Relations Tel.: + 1 (716) 568-2048; Cell: +1 (716) 713-2489 Email: dholbrook@norseenergy.com Jonas Gamre, Investor Relations Tel: +47 67 51 61 13 Cell: +47 97 11 82 92 Email: jgamre@norseenergy.com

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