Loan Conversion Notification
28 August 2013Norse Energy Corp. ASA ("NEC") has received a notification of conversion of NOK 400,000 of its NOK 7,100,000 convertible loan at a conversion price per share of NOK 0.075, representing issue of a total of 5,333,333 new shares. The conversion will be effected as soon as possible. The Company has a significant land position of ~130,000 net acres in New York State with certified 2C contingent resources of 951 MMBOE as of 31 December 2012. For further information, please contact: Chris Steinhauser, Chief Financial Officercsteinhauser@norseenergy.comOffice: +1 713 975