Dolphin's new 3D seismic vessel, Sanco Sword, fully operational in the Barents Sea

Dolphin is pleased to announce that the new high-capacity 3D seismic vessel, Sanco Sword, is in full seismic production with 12 seismic cables of 7 km length on the Gotha North and Gotha East Multi-Client surveys in the Barents Sea

The prospective Gotha survey areas are planned and designed together with local area operators, which also provide project pre-funding to allow for the survey to be acquired in time for the Norwegian 23rd. APA 2014 licensing round.

Dolphin`s COO, Peter Hooper commented;

"This is another milestone in Dolphin's history delivering further safe capacity to the high end 3D marine market, and we are proud to yet again demonstrate the organisation's ability to take a high-end vessel into production with a wide-tow configuration immediately and in only 11 days following delivery.  We expect the same excellent operational performance from the Sanco Sword as delivered to date by her sister vessel, the Sanco Swift."


Attached, picture of Sanco Sword leaving the yard in Norway

For further information, please contact:

Erik Hokholt, CFO
Mobile:+47 90 75 60 64
E-mail:erik.hokholt@dolphingeo.com
Phone: +47 55 38 75 00
www.dolphingeo.com

Peter Hooper, COO
Mobile:+47 48 00 21 64
E-mail:peter.hooper@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).