VPC Venture Prod.

RNS Number:1092M
Venture Production PLC
18 January 2008


                   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

SCHRODERS PLC


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




5. Date of the transaction

17 JANUARY 2008


6. Date on which issuer notified

18 JANUARY 2008


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

FROM 9% - 10%


8. Notified Details

Voting Rights Attached to shares
Number of voting rights (Direct) - N/A
% of voting rights (Direct) - N/A
Number of voting rights (Indirect) - 14,640,542
% of voting rights (Indirect) - 10.22%
Financial Instruments
                                                                             -
Total (A) + (B)
Total number of voting rights - 14,640,542
Total % of Voting Rights - 10.22%


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

SCHRODER INVESTMENT MANAGEMENT LIMITED                     13,696,359     9.56%
SCHRODER INVESTMENT MANAGEMENT NORTH AMERICA LIMITED          944,183     0.66%


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

The shares referred to in section 9 are held in portfolios managed by those
firms on a discretionary basis for clients under investment management
agreements.


14. Name of contact and telephone number for queries

TARYN O'DONOGHUE 020 7658 2959


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

SIMON WAITE


Date of notification

18 JANUARY 2008




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

END
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