RNS Number:1886S
Venture Production PLC
04 October 2005

Venture Production plc

("Venture" or "the Company")


Following the extraordinary general meeting of the Company held today in
Aberdeen, it is announced that the resolution to approve the sale of Venture
Production (Trinidad) Limited and its subsidiaries to Ten Degrees North Energy 
Limited, a Trinidadian company, was passed.  Proxy votes had been cast as 
follows:


                              No.                 Shares                   %

For/Discretionary             173                 65,144,455               99.0
Against                       1                   452,669                  0.7
Abstentions                   4                   185,846                  0.3
                              -----               --------------           -----
Total                         178                 65,782,970               100.0



Commenting on the result, Mike Wagstaff, Chief Executive of Venture, said:

"Venture's operational withdrawal from Trinidad, as overwhelmingly endorsed by
our shareholders, will allow the Company to focus completely on the UK sector of
the North Sea.  Through our investment in Ten Degrees North Energy Limited, we 
will retain exposure to the upside potential of the Trinidadian business.  We
anticipate that the transaction should be completed by the end of the year."


Enquiries:

VENTURE PRODUCTION plc                   01224 619 000
Mike Wagstaff, Chief Executive
Jon Murphy, Chief Operating Officer

BRUNSWICK GROUP                          020 7404 5959
Patrick Handley
Chris Blundell


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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