Norse Energy Corp ASA: Norse US Subsidiaries Convert to Chapter 7 Liquidation

Regulatory News:

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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