Norse Energy Corp ASA: Annual Report 2012

Regulatory News:

Norse Energy Corp. ASA ("NEC" ticker code OSE - NEC, Oslo, Norway) and its subsidiaries ("Norse Energy" or "the Company") today reported results for the year ended 31 December 2012.

The Annual Report is attached and will be made available on the Company's website: www.NorseEnergy.com

Norse Energy owns or leases approximately 130,000 net acres in New York State of which ~33,000 lie in the liquids rich shale fairways of Western New York, and the remaining ~97,000 net acres lie in the Marcellus and Utica natural gas fairways of Central New York. Externally certified contingent resources total 951 MMBOE.

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