RNS Number:3833K
Venture Production PLC
20 December 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 19 December 2007 that
the Trust had acquired 63,800 ordinary shares of �0.004 pence in the Company at
774.85 pence per share on 19 December 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 1,133,689 shares,
representing (0.79 %) 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


20 December 2007




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

END
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