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

Mark Dice, Chief Operating Officer in Norse Energy Corp ASA has on August 26, 2010 purchased 550.000 shares in Norse Energy Corp. ASA at an average price of NOK 1,17 per share. After this transaction, Mr. Dice controls 1.000.000 shares in Norse Energy Corp. ASA.

For further information, please contact:

Richard Boughrum, Chief Financial Officer

Cell: +1 714 520 1702

Email: rboughrum@norseenergy.com