Dolphin Geophysical commence the Finnmark Platform 3D Multi-Client Project, Barents Sea, Norway

Oslo, Norway - 11 March 2013

Dolphin Geophysical in partnership with Searcher Seismic is pleased to announce the 1,407km2 Non-Exclusive 3D MC seismic project on the Finnmark Platform, Barents Sea, Norway.

Processing has commenced in Dolphins UK Processing Centre using our proprietary OpenCPS software. The processing sequence has been designed to enhance the imaging of the primary Jurassic targets located at around 1sec TWT. In addition, processing will focus on providing improved definition of the deeper Triassic and Permian Clastics.

With planned infrastructure in Veidnes outside Honningsvåg in Finnmark recently announced by Statoil, the survey area is receiving a renewed interest from the industry. Therefore, these Data will be available for participating companies from Q3 or earlier in preparation for the Norwegian 23rd round nomination process.

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

Ian T.Edwards, Vice president Global Multi-Client and
New Ventures
Direct Dial:+44(0) 1892 701 015
E-mail: ian.edwards@dolphingeo.com

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 and Multi-Client projects and processing services on a worldwide basis. Dolphin Group ASA is listed at Oslo Stock Exchange (OSE ticker: DOLP).