DOLPHIN GROUP ASA - additional 3D seismic contract award for M/V Polar Marquis

Dolphin has been awarded a further 3D seismic contract for the Polar Marquis to acquire approximately 3.000 sq.km in the Black Sea with immediate mobilisation when the vessel is taken on Time Charter, in the middle of May 2014.

Atle Jacobsen, CEO commented;

"Dolphin is on track delivering the second high-capacity 3D seismic vessels to the powerful Dolphin operated fleet in less than two months. This is a unique achievement of our highly skilled technical staff and our operating crews.

We experience that our modern and powerful fleet are instrumental in capturing market share in new regions and secure large 3D seismic exploration contracts, requiring complex wide tow and long offset with 12 seismic cables and more. The Polar Marquis will utilise 14 seismic cables with 100 meters separation and 6.000 meters length on her first survey"

For further information; please contact:
Atle Jacobsen, CEO
Mobile:+47 97 71 53 36
E-mail:atle.jacobsen@dolphingeo.com

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

Dolphin Group ASA
Helsfyr Atrium
Innspurten 15
0663 OSLO

Phone:+47 22 07 15 30
Fax:+47 22 07 15 31
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).

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).