3D seismic contract extension for the Polar Duke

Dolphin Geophysical AS is pleased to announce that TGS has exercised their option to extend the contract for the Polar Duke by two months. This secures work for the vessel to early October 2011, at which time TGS have a second option to extend the contract by another six months.

"We are very impressed with the Polar Duke and the performance of the crew. This proves Dolphin's ability to deliver efficient and safe operations to TGS and prospective clients," states Phil Suter, VP Marketing and Sales.

This information is subject of the disclosure requirements according to section 5-12 of the Norwegian Securities Trading Act.

For further information, please contact:

Erik Hokholt, CFO
Mobile:+47 90 75 60 64
E-mail:erik.hokholt@dolphingeo.com

Ketil Sundal, VP Finance & IR          
Mobile:+47 95 92 21 04
E-mail:ketil@dolphinics.com


Dolphin Group ASA
Helsfyr Atrium
Innspurten 15
0663 OSLO

Phone:+47 23 16 70 00
Fax:+47 23 16 71 80         

www.dolphingroup.no  

www.dolphingeo.com

About Us

Dolphin Group ASA is the Parent company of Dolphin Geophysical AS, a global full-range, asset light supplier of marine Geophysical services. Dolphin operates a fleet of new generation, high-capacity seismic vessels and offers contract seismic surveys, Multi-Client projects and processing services on a worldwide basis. Dolphin Group ASA is listed at Oslo Stock Exchange (OSE ticker: DOLP).