RNS Number:8532K
Venture Production PLC
31 December 2007


Venture Production plc (the "Company")

Director/PDMR Shareholdings and Disclosure



The Company was notified on 31 December 2007 of the following changes in the
interests of Directors and Persons Discharging Managerial Responsibilities
("PDMRs").


The following Ordinary shares of 0.4p each in the Company ("Shares") were
purchased under the Venture Production plc Share Incentive Plan on 31 December
2007 on the London Stock Exchange. Partnership Shares were purchased by each
Director and PDMR at 787.5 pence per Share, Matching Shares were acquired at nil
cost pursuant to the Share Incentive Plan and will be held in Trust.

                                           Shares acquired
                                   ------------------------------
                                             ---------      --------   ---------
Director/PDMR             Partnership  Matching Shares  Total Shares     Total
---------------                Shares     purchased at     Purchased
                                              nil cost
                         purchased at                                        %
                 ---

                         787.5 p each
                 ---       ----------        ---------      --------   ---------

Notification under DR 3.1.4(R)(1)(b)
Michael
Wagstaff                         16               32            48        0.00
Jonathan Murphy                  16               32            48        0.00
Roderick Begbie                  16               32            48        0.00
Notification under DR 3.1.4(R)(1)(a)
Marie-Louise
Clayton                          16               32            48        0.00
Chris Bird                       16               32            48        0.00
Jonathan Roger                   16               32            48        0.00
Michael Travis                   16               32            48        0.00
Craig McCallum                   16               32            48        0.00



Following these purchases, the interests of the Directors and PDMRs are as
follows:

Director/PDMR      Registered Holder             Holding  Total holding  Total
---------------    -------------------         ---------                 -------

                                                                             %
               ---                      ---          ---                     ---

Michael Wagstaff   Share Nominees Limited        7,535
                   Pershing Keen Nominees    1,775,289
                   M J Wagstaff                630,825
                                                               --------  -------
                                                            2,413,649    1.685
                                                               --------  -------

Jonathan Murphy    Share Nominees Limited        7,535
                   Adam & Co Nominee         1,297,346
                                                               --------  -------
                                                            1,304,881    0.911
                                                               --------  -------
                                                               
Roderick Begbie    Share Nominees Limited        7,535
                   Pershing Keen Nominees      341,943
                                                               --------  -------
                   RM Begbie                     4,500        353,978    0.247
                                                               --------  -------

Marie-Louise    Share Nominees Limited          2,419
                                                            --------     -------
Clayton                                                      2,419       0.002
                                                            --------     -------
                                                            --------     -------
Chris Bird      Share Nominees Limited          2,782
                C Bird                        108,134
                                                            --------     -------
                                                           110,916       0.077
                                                            --------     -------
Jonathan Roger  Share Nominees Limited          6,221
                J Roger                       109,718
                Mrs SC Roger (Spouse)          45,000
                                                            --------     -------
                                                           160,939       0.112
                                                            --------     -------
Mike Travis     Share Nominees Limited          7,232
                MJ Travis                         660
                Mrs S Travis (Spouse)          65,287       73,179       0.051
                                                            --------     -------
                                                            
Craig McCallum  Share Nominees Limited          1,207
                                                            --------     -------
                                                             1,207       0.001
                                                            --------     -------



Contact:

Simon Waite

Company Secretary,

Venture Production plc,

Kings Close

62 Huntly Street,

Aberdeen,

AB10 1RS


Tel: 01224 619000


31 December 2007



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

END
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