Invitation to presentation of the business combination agreement between New Brazil Holding and Pan Petroleum on March 16, 2010

Norse Energy Corp. ASA (“NEC” ticker code OSE – NEC, Oslo, Norway, U.S OTCQX symbol “NSEEY”) is pleased to invite to an analyst and investor presentation of the business combination agreement between New Brazil Holding ASA and Pan-Petroleum (Holding) Cyprus Ltd.

Place: Shippingklubben, Haakon VII's gate 1, 0112 Oslo
Date: Tuesday, March 16, 2010
Time: 08:30 CET

The presentation will also be webcasted live, and can be accessed via www.norseenergy.com.

For further information please contact:

Anders Kapstad, CFO Norse Energy Corp. ASA
Cell: +47 91 81 74 42
Email:  
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Invitation to presentation of the business combination agreement between New Brazil Holding and Pan Petroleum on March 16, 2010