RNS Number:1269Y
Venture Production PLC
3 July 2002

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

VENTURE PRODUCTION PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

RIVERSIDE INVESTMENTS LLC

3)   Please state whether notification indicates that it is in respect of 
     holding of the Shareholder named in 2 above or in respect of a 
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18

HOLDING OF SHAREHOLDER

4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.

RIVERSIDE INVESTMENTS LLC

5)   Number of shares/amount of stock acquired.



6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed

810,616

8)   (0.75%) of issued Class

9)   Class of security

ORDINARY SHARES OF 0.4P EACH

10)  Date of transaction

28 JUNE 2002

11)  Date company informed

2 JULY 2002

12)  Total holding following this notification

9,523,006
               
13)  Total percentage holding of issued class following this notification

8.84%

14)  Any additional information



15)  Name of contact and telephone number for queries

BRIAN HOBDEN
TEL:  01224 619000

16)  Name and signature of authorised company official responsible for 
     making this notification

     Date of Notification ..... 3 JULY 2002 ...................






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