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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
Dolphin Geophysical announces newbuild name and progress
Bergen, Norway, September 5, 2011 -- Dolphin Group ASA (OSE: DOLP)

Dolphin Geophysical AS is pleased to announce the name of vessel NB533 as M/V Polar Duchess. The vessel option expires on 1st November and it is highly likely we will exercise the option. Good progress in the Factorias Volcano yard, Spain, safeguards a Q4 delivery ready for the North Sea season at the end Q1 2012. She will be the sistership to our flagship vessel the M/V Polar Duke.

M/V Polar Duke is a purpose built high-end 3D vessel, capable of towing 14 streamers at 100 metre separation. Rigged with Sercel SSAS Sentinel streamers and an impressive bollard pull of approximately 210 Tonnes, M/V Polar Duke and M/V Polar Duchess will undoubtedly be some of the most efficient vessels available to the market

For further information, please contact:

Phil Suter
VP marketing & Sales
phil.suter@dolphingeo.com

Anna Gibbs
Marketing Communications Manager
anna.gibbs@dolphingeo.com

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