RNS Number:0016Q
Venture Production PLC
23 January 2007


                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of listed company

VENTURE PRODUCTION PLC

2. Name of shareholder with a major interest

SCHRODERS PLC

3. Please state whether notification indicates that it is in respect of 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

HOLDING OF SHAREHOLDERS

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

SCHRODER INVESTMENT MANAGEMENT LIMITED                               7,830,630
SCHRODER INVESTMENT MANAGEMENT NORTH AMERICA LIMITED                     4,200
SCHRODER & CO LIMITED                                                    5,606

5. Number of shares / amount of stock acquired

N/A

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

N/A

7. Number of shares / amount of stock disposed

NOT ADVISED

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

NOT ADVISED

9. Class of security

ORDINARY SHARES OF 0.4P EACH

10. Date of transaction

NOT ADVISED

11. Date listed company informed

22 January 2007

12. Total holding following this notification

7,840,436

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)

5.935%

14. Any additional information


15. Name of contact and telephone number for queries

SIMON WAITE 01224 619000

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

SIMON WAITE

Date of notification

23 January 2007




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

END
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