The Company is engaged in oil and gas exploration and production with operations in the US and Brazil. In addition to its E&P activities, Norse Energy Corp also owns and operates pipeline systems in the US for gathering and transmission of natural gas. The company is the result of a merger of NaturGass (USA) AS, a Norwegian private company and Northern Oil ASA, a Norwegian publicly traded entity, whose shares were listed on the Oslo Stock Exchange. Norse Energy Corp was listed on the OSE on July 13, 2005.