Dolphin 3D seismic contract with Statoil in Tanzania

Dolphin Geophysical AS has received a Letter of Intent from Statoil for the acquisition of a 5500 km¬¬2 survey offshore Tanzania. The survey will be acquired by one of our high capacity 3D seismic vessels commencing in the fourth quarter of 2012.

CEO Atle Jacobsen, commented "This marks Dolphins entry into the prospective East African Market and will secure backlog for the vessel into Q1 2012. We also look forward to commence our first large project with Statoil outside Norway".

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

Dolphin Group ASA
Helsfyr Atrium
Innspurten 15
0663 OSLO
Tel: +47 23 16 70 00
Fax: +47 23 16 71 80
www.dolphingroup.no
www.dolphingeo.com

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).