Centrica said Wednesday that its wholly owned subsidiary, Centrica Resources (U.K.), has acquired 33,016,611 ordinary shares of Venture Production (22%) for 725 pence per share, or GBP239.4 million in total.

Centrica also said it's considering its options in relation to Venture, which could include making a possible cash offer for Venture.

Centrica, together with its concert parties, now holds a total of 33,445,180 ordinary shares of Venture (22.3%).

Centrica, through its broker, Goldman Sachs International, may acquire further shares in Venture.

 
 
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