Timothy J. Biebelhausen

The Norwegians Are Coming

Norse Energy has 130,000 net acres in Marcellus at a cost of ~$1000/acre, meaning Norse's acreage alone is worth almost double the current stock price. In addition they own the gas pipeline in the area and have significant operations in Brazil. There stock is vey undervalued and Pareto Securities of Oslo, Norway rates it a BUY. Pink sheet symbol NSEEF.PK