RNS Number:3885C
Venture Production PLC
17 August 2007


                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1. Name of Issuer

VENTURE PRODUCTION PLC


2. Reason for Notification

ACQUISITION OF VOTING RIGHTS


3. Full Name of person(s) subject to notification obligation

3I GROUP PLC (Direct)
3I INVESTMENTS PLC (Indirect)


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

N/A


5. Date of the transaction

16 AUGUST 2007


6. Date on which issuer notified

17 AUGUST 2007


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

                                                                             4%


8. Notified Details

Voting Rights Attached to shares
Number of voting rights (Direct) - 5,748,603
% of voting rights (Direct) - 4.0458%
Number of voting rights (Indirect) - See section 9 below
% of voting rights (Indirect) - See section 9 below
Financial Instruments
                                                                         - n/a
Total (A) + (B)
Total number of voting rights - 5,748,603
Total % of Voting Rights - 4.0458%


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

3i Group plc has a direct beneficial interest in the total number of voting
rights disclosed in section 8 above.
3i investments plc (a wholly owned subsidiary of 3i group plc) has an indirect
interest in the total number of voting rights disclosed in section 8 above in
its capacity as the discretionary investment manager of 3Igroup plc.
3i holdings PLC and 3i plc are both wholly owned subsidiary undertakings of 3i
group plc and parent undertakings of 3i investments plc.

Proxy Voting


10. Name of Proxy holder

N/A


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

N/A





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

N/A


13. Any additional information

NOTIFICATION USING TOTAL VOTING RIGHTS OF 142,088,209


14. Name of contact and telephone number for queries

SOFIA BERNSAND 020 7975 3228


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

SIMON WAITE 01224 619000


Date of notification

17 AUGUST 2007




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

END
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