TIDMVPC 
 
RNS Number : 6076S 
Venture Production plc 
21 May 2009 
 

21 May 2009 
 
 
VENTURE PRODUCTION plc 
 
 
Kew appraisal well success 
 
 
Venture Production plc ('Venture'), the Aberdeen based UK independent oil and 
gas production company, today announces that it has successfully drilled well 
49/4c-7z to appraise the northern section of the Kew field. Venture has a 100% 
interest in Block 49/4c which lies 1.9 miles east of the Venture-operated 
Chiswick platform and 8.6 miles north of the Venture-operated Markham platform. 
 
 
The well has proved gas in the northern section of the field with gas found in 
the Silverpit, Leman and primary Carboniferous reservoir. Cores have been taken 
to confirm that the Carboniferous reservoir quality is in line with expectations 
as indicated by logs. Top Carboniferous came in 23 metres high to prognosis and 
preliminary work indicates that the Carboniferous gas-in-place volume is higher 
than the pre-drill best technical case, but within the range of expected 
outcomes. Final evaluation requires detailed analysis of the cores which will be 
completed over the next few weeks.  The well, which was originally spudded in 
early December 2008 by the Noble Julie Robertson rig had a number of operational 
challenges, including a side-track, is planned to be suspended for use as a 
producer at a later date. A field development plan utilising existing local 
infrastructure will now be finalised. 
 
 
As well as confirming the development potential of the Kew discovery, the 
results of this well further supports the planned drilling of the nearby 
Wandsworth Carboniferous exploration prospect. Venture holds a 100% interest in 
Wandsworth and plans to drill a well to test the prospect in 2010. 
 
 
Commenting on the news, Mike Wagstaff, Chief Executive said: 
 
 
"Finding gas at Kew underlines the growth potential we have in the Greater 
Markham Area, one of our most important business hubs which we have been 
actively developing since our entry acquisition in 2006. Kew has delivered 
additional gas that we can tie-in to our existing infrastructure and development 
planning for this is ongoing. We now look forward to a series of new wells in 
our equally important 'A' Fields hub before returning to GMA later in the year 
to continue with the development of the Chiswick field." 
 
Ends 
Contacts: 
Mike Wagstaff, Chief Executive 
Jonathan Roger, Chief Operating Officer 
Rod Begbie, Corporate Development Director 01224 619000 
 
 
Patrick Handley, Brunswick 020 7404 5959 
John MacDonald (Scottish Press) 07770 886912 
 
 
Notes to editors: 
·The Kew field lies in blocks 49/4a (Venture 100%), 49/4c (Venture 100%), 49/5a 
(Venture 97.5%, Total 2.5%) and 49/5b (Venture 100%) and is part of the Greater 
Markham Area ('GMA') of the southern North Sea 
·Venture acquired its interest in Kew as part of its 2006 acquisition of CH4 
Energy Limited 
·Kew was initially discovered in 1988 by well 49/5-4 which proved gas in the 
Carboniferous sandstone. 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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