RNS Number:1851T
Venture Production PLC
19 March 2007


                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of Issuer

VENTURE PRODUCTION PLC

2. Reason for Notification

ACQUISITION/DISPOSAL OF VOTING RIGHTS

3. Full Name of person(s) subject to notification obligation
LLOYDS TSB GROUP PLC

4. Full name of shareholder(s) (if different from 3 above)

N/A

5. Date of the transaction

N/A

6. Date on which issuer notified

N/A

7. Threshold(s) that is/are crossed or reached

N/A

8. Notified Details

Voting Rights Attached to shares
Number of voting rights (Direct) - 7,943,374
% of voting rights (Direct) - 5.950
Number of voting rights (Indirect) - 9,624
% of voting rights (Indirect) - 0.007
Financial Instruments
- N/A
Total (A) + (B)
Total number of voting rights - 7,952,998
Total % of Voting Rights - 5.958

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held

Proxy Voting

10. Name of Proxy holder


11. Number of voting rights proxy holder will cease to hold



12. Date on which proxy holder will cease to hold voting rights


13. Any additional information


14. Name of contact and telephone number for queries

SIMON WAITE 01224 619000

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

SIMON WAITE

Date of notification

16 mARCH 2007




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

END
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