Q3 2010 Production Update
Norse Energy Corp. ASA (“NEC” ticker code OSE – NEC, Oslo, Norway, U.S OTCQX symbol “NSEEY”) is pleased to announce production volumes for the third quarter, 2010.Natural gas production from the US gas wells (before royalty) is estimated to have averaged 6,538 Mcf/day (1,165 boe/day) in the third quarter. This represents a decrease of approximately 9% from the second quarter 2010 production level of 7,155 Mcf/day (1,274 boe/day). The change in production can be attributed to the natural decline of producing wells, as no new wells were added to the field during the third quarter. The