RNS Number:2225D
Venture Production PLC
18 May 2006


NOTIFICATION OF MAJOR INTERESTS IN SHARES


1. Name of listed company

VENTURE PRODUCTION PLC


2. Name of shareholder with a major interest

AXA SA and its Group Companies


3. Please state whether notification indicates that it is regarding the holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18

  BENEFICIAL INTEREST                            58,500                   0.05%
  NON-BENEFICIAL INTEREST                    12,225,273                   9.82%

4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them

Name of the Company/ Fund   Particulars of Beneficial  Registered as   Number of
--------------------------- owners                     ---------------    Shares
                            --------------------------                  --------
Sun Life Pensions           Sun Life Pensions          BNY (OCS)           3,500
Management Ltd              Management Ltd             NOMINEES LTD
(Beneficial)

Sun Life Pensions           Sun Life Pensions          HSBC GLOBAL        55,000
Management Ltd              Management Ltd             CUSTODY NOMINEE
                                                       (UK) LIMITED
(Beneficial)

AXA UK Investment Co ICVC   Trustees of AXA UK         HSBC GLOBAL       234,762
UK Growth Fund              Investment Co ICVC UK      CUSTODY NOMINEE
                            Growth Fund                (UK) LTD A/C
                                                       845005
(Non-Beneficial)

AXA UK Investment Co ICVC   Trustees of AXA UK         HSBC GLOBAL       100,000
UK Opportunities Fund       Investment Co ICVC UK      CUSTODY NOMINEE
                            Opportunities Fund         (UK) LTD A/C
                                                       889598
(Non-Beneficial)

AXA General Unit Trust      HSBC Global Custody        HSBC GLOBAL       134,819
                            Nominee (UK) Ltd as        CUSTODY NOMINEE
                            Trustees of the Trust      (UK) LTD A/C
                                                       880868
(Non-Beneficial)
AXA Colonia Konzern         Registration details       NOT DISCLOSED       3,721
                            available upon request
(Non-Beneficial)

AXA Financial, Inc          Bernstein                  NOT DISCLOSED   6,487,588
(Non-Beneficial)

AXA Rosenberg               AXA Rosenberg              NOT DISCLOSED   5,264,383
(Non-Beneficial)


5. Number of shares / amount of stock acquired

NOT INFORMED


6. Percentage of issued class (any treasury shares held by the listed company
should not be taken into account when calculating percentage)

NOT INFORMED


7. Number of shares / amount of stock disposed

N/A


8. Percentage of issued class (any treasury shares held by the listed company
should not be taken into account when calculating percentage)


N/A

9. Class of security

ORDINARY SHARES OF 0.4P EACH


10. Date of transaction

NOT INFORMED


11. Date listed company informed

15 may 2006


12. Total holding following this notification

12,283,773

13. Total percentage holding of issued class following this notification (any
treasury shares held by the listed company should not be taken into account when
calculating percentage)

9.87%


14. Any additional information

NO LONGER A NOTIFIABLE INTEREST


15. Name of contact and telephone number for queries

BRIAN HOBDEN 01224 619000


16. Name and signature of duly authorised officer of the listed company
responsible for making this notification

BRIAN HOBDEN


Date of notification

18 MAY 2006







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

END
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