Releases - Norse Energy Corp ASA

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2009

 

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Financial calendar

12/23/2009 7:12 AM EST
The financial calendar for 2010 for Norse Energy Corp. ASA (“NEC” ticker code OSE – NEC, Oslo, Norway, U.S OTCQX symbol “NSEEY”) is as follows:

February 26, 2010
Fourth Quarter 2009 Results

May 11, 2010
First Quarter 2010 Results and Annual General Meeting

August 17, 2010
Second Quarter 2010 Results

November 9, 2010
Third Quarter 2010 Results

Please note that the financial calendar is subject to...

Notice of extraordinary general meeting

12/21/2009 2:10 PM EST
Oslo, December 21, 2009: Norse Energy Corp. ASA (“NEC” ticker code OSE – NEC, Oslo, Norway, U.S OTCQX symbol “NSEEY”) is pleased to invite the shareholders in the Company to attend an Extraordinary General Meeting (EGM) to vote on the previously announced plan for the demerger of Norse Energy Corp. ASA. The EGM is scheduled be held on January 25th, 2010 at 15:00 Oslo time at the offices of Wiersholm law firm in...

BOND RESTRUCTURING APPROVED

12/17/2009 7:24 AM EST
Oslo, December 17, 2009: Norse Energy Corp. ASA has received approval from the bondholders for a full restructuring of its bond portfolio by restructuring all of the outstanding bonds (NEC01, NEC02, NEC03, NEC04PRO and NEC05PRO). The debt obligations will be separated between the US and Brazil entities, and will become effective upon a successful demerger of Norse Energy Corp. ASA. The bond restructuring in an...

Bond restructuring proposal and summon for bond holder meeting

12/9/2009 2:00 AM EST
Norse Energy Corp. ASA (“NEC” ticker code OSE – NEC, Oslo, Norway, U.S OTCQX symbol “NSEEY”) has today proposed a full restructuring of its bond portfolio by putting forward a joint proposal to restructure all of the outstanding bonds (NEC01, NEC02, NEC03, NEC04PRO and NEC05PRO). The debt obligations will be separated between the US and Brazil entities following a demerger of Norse Energy Corp. ASA. The proposed...

Options granted

12/3/2009 4:58 AM EST
Norse Energy Corp. ASA (“NEC” ticker code OSE – NEC, Oslo, Norway, U.S OTCQX symbol “NSEEY”) announces that the Company has granted Rich Vareha, US Chief Accounting Officer, 100,000 options in the Company. The options have an exercise price of NOK 3.86 and can be exercised from December 2, 2011 to December 2, 2014 conditioned on the employee being employed at that time.

The options were granted under the...

Notification of trade

12/1/2009 6:39 AM EST
La Barra Capital AS, a wholly owned company by Anders Kapstad, CFO in
Norse Energy Corp ASA has on December 1st 2009 rolled a forward
contract of 402,500 shares in NEC at strike NOK 3.88 with maturity date
March 1st 2010.

After this transaction Anders Kapstad controls personally and through
related companies a total of 408,500 shares. His position after this
transaction remains unchanged.

For further information...

Notification of trade

11/13/2009 2:43 AM EST
Norse Energy Corp. ASA ("NEC" ticker code OSE - NEC, Oslo, Norway, U.S OTCQX symbol "NSEEY")

Mark Dice, President and Chief Operating Officer Norse Energy Corp. USA has on November 12th 2009 bought 400,000 shares in Norse Energy Corp. ASA at an average of NOK 3.377 per share. After this transaction, Mark Dice controls 400,000 shares in Norse Energy Corp. ASA.

Richard Boughrum, Chief Financial Officer Norse...

Options granted to new US CFO

11/10/2009 1:35 AM EST
Norse Energy Corp. ASA (“NEC” ticker code OSE – NEC, Oslo, Norway, U.S OTCQX symbol “NSEEY”) announces that the company has granted Richard Boughrum, the company’s recently hired CFO for the US division, 1 million options as part of his compensation package. The options have an exercise price of NOK 3.96 and can be exercised from November 2, 2011 to November 2, 2014 conditioned on the employee being employed at that...

Richard Boughrum New CFO of Norse Energy Corp USA

11/10/2009 1:31 AM EST
Norse Energy Corp USA, a 100% owned subsidiary of Norse Energy Corp ASA (“NEC” ticker code OSE – NEC, Oslo, Norway, U.S OTCQX symbol “NSEEY”), is pleased to announce that Mr. Richard Boughrum has accepted the position of Chief Financial Officer of Norse Energy Corp USA.

Richard Boughrum will be in charge of executing our US financial strategy and report to CEO Øivind Risberg. "I am very pleased that Richard...

Third Quarter Report 2009

11/10/2009 1:30 AM EST
Norse Energy Corp. ASA ("NEC" ticker code OSE - NEC, Oslo, Norway, U.S OTCQX symbol "NSEEY") and its subsidiaries (“Norse Energy” or “the company”) report that production continues to improve for the Group. EBITDA was negatively impacted by USD 7.2 million seismic investments. The equity ratio was strengthened as the company raised USD 24 million in a private placement in the quarter.

Third Quarter Highlights and...

Norse Energy Corp ASA