RNS Number:9758N
Venture Production PLC
15 December 2006


Venture Production plc (the "Company")

Transfer of Own Equity Shares

Venture Production plc announces the transfer of 5,000 ordinary shares of 0.4p
each held in treasury pursuant to share obligations arising from the exercise of
options granted under the Company's share option plans. The settlement date for
the transfer was 15 December 2006. The price received was 150 pence per share.
Following this notification the Company holds 1,391,796 ordinary shares in
treasury and has 132,104,497 ordinary shares in issue, excluding treasury
shares.

Contact:

Simon Waite,
Company Secretary,
Venture Production plc,
62 Huntly Street,
Aberdeen, AB10 1RS
Tel: 01224 619000

15 December 2006


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

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