Norse Energy Announces Updated Corporate Presentation

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12 September 2012

Norse Energy Corp. ASA (“NEC” ticker Oslo Stock Exchange, Norway; “NSEEY” ticker U.S. OTC) announces that it has updated its corporate presentation.

The presentation is available on Norse Energy’s website www.NorseEnergy.com.

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 30 June 2012.

For further information, please contact:

Chris Steinhauser, Chief Financial Officer

csteinhauser@norseenergy.com

Office: +1 713 975 1900

S. Dennis Holbrook, Executive Vice President

dholbrook@norseenergy.com

Office: +1 716 568 2048