RNS Number:3732O
Venture Production PLC
20 February 2008


                     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 20 February 2008 that
the Trust had acquired the following shares:


   *40,000 ordinary shares of �0.004 pence in the Company at 690.6727 pence
    per share on 18 February 2008; and
   *31,988 ordinary shares of �0.004 pence in the Company at 687.7594 pence
    per share on 19 February 2008


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 1,223,659 shares,
representing 0.85 % 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 February 2008




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

END
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