Releases - Norse Energy Corp ASA

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2010

 

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Norse Energy Announces Drilling Program Update

12/28/2010 2:15 AM EST
December 28, 2010

Norse Energy Corp. ASA (“NEC” ticker Oslo Stock Exchange, Norway; “NSEEY” ticker U.S. OTC) announces continued progress and capital efficiencies in its 2010/2011 Herkimer Drilling Program and announces an update to the Utica Test Program.

The Company reports successful completion of the first well in its Herkimer Drilling Program, with the third well in the program nearing completion.  The...

2011 Financial Calendar

12/23/2010 7:10 AM EST
The financial calendar for 2011 for Norse Energy Corp. ASA (“NEC” ticker Oslo Stock Exchange, Norway; “NSEEY” ticker U.S. OTC) is as follows:

March 1, 2011 (presentation)

Fourth quarter 2010 Results (numbers will be published February 28)

May 27, 2011

First quarter 2011 Results and Annual General Meeting

August 31, 2011

Second quarter 2011 Results

November 16, 2011

Third quarter 2011...

Norse Energy Announces New Herkimer Joint Venture with Bradford Energy Capital

12/22/2010 4:48 AM EST
December 22, 2010

Norse Energy Corp. ASA (“NEC” ticker Oslo Stock Exchange, Norway; “NSEEY” ticker U.S. OTC) is pleased to announce a second Herkimer joint venture drilling program with Bradford Drilling Associates XXIX, L. P.  (“BDA-29”).  BDA-29 is managed by Bradford Energy Capital, LLC, which, with its affiliates, has sponsored 31 drilling partnerships and participated in over 1,800 oil and gas well since...

New York Governor Vetoes Moratorium on Hydraulic Fracturing, Norse’s Herkimer Un...

12/13/2010 1:55 AM EST
New York Governor Vetoes Moratorium on Hydraulic Fracturing, Issues Executive Order Banning Large Volume Hydraulic Fracturing Until July 2011, Norse’s Herkimer Unaffected
Norse Energy Corp. ASA (“NEC” ticker Oslo Stock Exchange, Norway; “NSEEY” ticker U.S. OTC) and its subsidiaries (“Norse Energy” or “the Company”) advise that New York Governor Patterson has vetoed a moratorium bill aimed at suspending...

New York Assembly Passes Measure to Suspend Issuing Permits for Hydraulic Fractu...

12/1/2010 2:10 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”) advise that the New York State Assembly has now approved a Senate proposal to suspend hydraulic fracturing of gas reservoirs in New York State until May 15, 2011.  As the Company has previously communicated, the purpose of the bill is to ensure adequate time to review...

Norse Energy Adds Vertical Drilling Rig to Expedite Herkimer Drilling Program

11/26/2010 2:54 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”) advise that it has secured a drilling rig capable of completing the vertical section of its Herkimer wells. 

This vertical rig is expected to decrease drill time and costs for the Herkimer program by using lower cost equipment for the vertical portion of the wells....

Norse Energy Addresses NY Dept. of Environmental Conservation Job Reductions

11/23/2010 2:02 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”) advise that outgoing New York Governor Patterson recently announced substantial state government job cuts effective at the end of this calendar year, including ~ 200 positions at the New York Department of Environmental Conservation (DEC). 

“The DEC reductions appear...

Notification of trade

11/16/2010 3:46 AM EST
Mark Dice, CEO in Norse Energy Corp ASA, has on November 16, 2010 purchased 500.000 shares in Norse Energy Corp. ASA (Norse Energy Corp. ASA ("NEC" ticker code OSE - NEC, Oslo, Norway, U.S OTCQX symbol "NSEEY") at an average price of NOK 1,25 per share. After this transaction, Mr. Dice controls 1.500.000 shares in Norse Energy Corp. ASA.

Notification of trade

11/12/2010 9:27 AM EST
Norse Energy Corp. ASA ("NEC" ticker code OSE - NEC, Oslo, Norway, U.S OTCQX symbol "NSEEY")

Odd Næss, a Board Member in Norse Energy Corp. ASA, has on November 12 sold 4,389,000 shares in Norse Energy Corp ASA. After the sale, Odd Næss controls a total of 3,176,000 shares in Norse Energy Corp. ASA.

For further information, please contact:

Richard Boughrum, Chief Financial Officer

Cell: +1 714 520...

Third Quarter Report 2010

11/10/2010 12:55 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”) reports revenue of USD 24.4 million and EBITDA of USD -3.6 million for the quarter. The Company drilled no wells in the third quarter but resumed drilling on October 25, 2010.  It is the first well on new 3D seismic data in the joint venture with Stryker Energy,...

Norse Energy Corp ASA