10/11/2013

10 October 2013

Norse Energy Corp. ASA ("NEC" ticker Oslo Stock Exchange, Norway) announces the conversion of NEC USA and its US parent, Norse Energy Holdings, Inc. (NEHI), to Chapter 7 liquidations. Both NEC USA and NEHI have been operating under Chapter 11 bankruptcy in the US since December 2012. Today's filing is for both companies to convert to Chapter 7 liquidation.

The Company is working diligently to preserve a future for Norse Energy Corporation ASA and will advise the market when more information is available.

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