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Dolphin Group ASA (Ticker: DOLP) 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.
COMPANY NEWS
First 2D Contract Award for Dolphin Geophysical
Bergen, Norway, April 6, 2011 -- Dolphin Group ASA (OSE: DOLP)

Dolphin Geophysical (OSE: DOLP) has signed a contract with ION’s GX Technology group (GXT) for a three month 2D seismic acquisition survey offshore West Africa. The project will be acquired by Polar Explorer, the Company’s first 2D vessel, with acquisition commencing in April 2011. The contract includes a mobilization fee to West Africa.

Ken Williamson, Sr. VP of ION’s Integrated Seismic Solutions group stated, “The vessel comes fully equipped with ION’s suite of integrated navigation and seismic acquisition equipment including OrcaTM and DigiStreamerTM, ensuring the success of the program. The completion of this survey will add up to 7500 km of new seismic data to our BasinSPANTM program in West Africa, further exploring the insights gained in Phase 1.”

This information is subject of the disclosure requirements acc. to §5-12 (Norwegian Securities Trading Act).

For further information, please contact:

Atle Jacobsen, CEO
Mob: +47 97 71 53 36

Erik Hokholt, CFO
Mob: +47 90 75 60 64

Dolphin Geophysical AS
Solheimsgaten 13
5058 Bergen
Tel.: +47 55 38 75 00
www.dolphingeo.com

Dolphin Group ASA
Olaf Helsetsvei 6
0619 OSLO
Tel: +47 23 16 70 00
www.dolphinics.com

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