RNS Number:9795H
Venture Production PLC
19 November 2007


                    Venture Production plc (the "Company")


Purchase of Shares by Venture Production plc IOM Employee Benefit Trust (the
Trust)


Venture Production plc announces that it was notified on 16 November 2007 that
the Trust had acquired the following ordinary shares of #0.004 pence in the
Company:


48,252 at 739.5605 pence each on 15 November 2007; and

18,090 at 768.0297 pence each on 16 November 2007


The Company's shares held by the Trust are used to satisfy awards in the
Company's Long-Term Share Incentive Plans, Annual Deferred Share Bonus Plan and
Employee Annual Bonus Plan.


The Executive Directors and Persons Discharging Managerial Responsibility are
potential beneficiaries of the Trust and are deemed to be interested in the
shares held by the Trust.


Following this transaction the Trust retains an interest in 1,107,089 shares,
representing 0.77% of the Company's issued ordinary share capital.


Contact:

Simon Waite,

Company Secretary,

Venture Production plc,

62 Huntly Street,

Aberdeen, AB10 1RS

Tel: 01224 619000


19 November 2007


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

END
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