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Norse Energy Corp. ASA ("NEC" ticker code OSE - NEC, Oslo, Norway, U.S OTCQX symbol "NSEEY")

Bjarte Bruheim, a Board Member in Norse Energy Corp. ASA, has on August 25, 2010 terminated a forward contract of 14.000.000 shares in Norse Energy Corp ASA. In addition he sold 3.000.000 shares. Bjarte Bruheim still owns a total of 8.300.000 shares in Norse Energy Corp. ASA after these transactions.


For further information, please contact:

Richard Boughrum, Chief Financial Officer

Cell: +1 714 520 1702

Email: rboughrum@norseenergy.com