NEC – Proposed new members to the Board of Directors

Norse Energy Corp. ASA refers to the notice of the Annual General Meeting that was released on May 4th 2009. In regards to item 6 in the notice, “Election of members to the Board of Directors”, the Board hereby announces its proposed new candidates:

Dag Erik Rasmussen
Dag Erik Rasmussen is Candidate in Jurisprudence from the University of Oslo (1989). Rasmussen has been partner with Advokatfirmaet Selmer DA since year 2000. Before joining Selmer he was Secretary of the Board and Head of Legal Department at the Oslo Stock Exchange (1998-2000) and Legal Counsel at the Oslo Stock Exchange from 1994. Rasmussen’s professional background also includes positions as associate at Wiersholm, Mellbye & Bech (1993-94), Legal Counsel for the Lillehammer Olympic Organization Committee (1993-94), Associate at Hauge & Stange Lund (1992-93), Deputy Judge in Nedre Romerike Municipal Court (1990-93) and Public Prosecutor at Larvik Police Authority (1989-90). Mr Rasmussen has served as a board member for companies listed on the Oslo Stock Exchange (Rem Offshore ASA and Wavefield Inseis ASA) and holds several board positions within the Sector Asset Management Group. Rasmussen is a lecturer in securities and corporate law. He is a Norwegian citizen living in Bærum, outside of Oslo.

Katherine H. Støvring
Ms Støvring is a former Vice President International Exploration and Production in Statoil, and prior to this worked with Planning and Performance Management in the Gas, Power and Renewables division of BP plc in London. Ms Støvring graduated from London Business School (Sloan Programme) in 2001. In addition she is a member of the Norwegian Bar and a Solicitor Admitted to the Rolls of England and Wales. Ms Støvring is a Norwegian and US citizen and resides in Oslo, Norway.

Odd Næss
Mr Næss is a former banking executive with the Offshore and Shipping department in DnC, serving six out of seventeen years as head of the department. Furthermore, Mr Næss has considerable business and operational experience and has since 1988 run his own business. Mr Næss has conducted numerous management consulting projects, investment projects and served as a BOD member and chairman in several companies. Mr Næss was from 1990-2003 the Chairman of the Board of Naturgass, the US entity of the predecessor to Norse Energy Corp ASA. Mr Næss was instrumental in helping to build the US part of the business in Norse Energy under Naturgass before the merger with Northern Oil in 2005. Mr Næss holds a Master’s degree in Business Administration from Nürnberg University, Germany. Mr Næss controls directly and indirectly 7,565,000 shares in Norse Energy Corp ASA.

For further information, please contact:

Anders Kapstad, CFO
Tel.: +47 67 51 61 12
Cell: +47 918 17 442
akapstad@norseenergy.com