Norse Energy Corp ASA Approved For ADR Quotation on US International OTCQX Exchange

Norse Energy Corp ASA (OSE ticker code “NEC”) on August 18, 2009 filed a registration statement with the United States Securities and Exchange Commission for the establishment of a level 1 American Depositary Receipt (“ADR”) program. Effective August 31, 2009, that registration statement has been approved for Norse Energy Corp ASA to seek quotation of the ADR's on the PrimeQX tier of the International OTCQX Exchange (“OTCQX”). It is anticipated that Norse Energy will be actively trading on the OTCQX by mid-September. 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 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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