Venture Makes Block Listing for 54,500 Ordinary Shares

Venture Production Plc has announced that a block listing application has been made for 54,500 ordinary shares of 0.4p each in the Company to be admitted to the Official List of the UK Listing Authority and admitted to trading on the London Stock Exchange.

The shares will be issued fully paid and will rank pari passu in all respects with the existing issued ordinary shares of the Company. This listing increases the number of shares under the existing block by 54,500 shares, originally submitted on March 16, 2007, to 2,816,000, which reflects the number of options outstanding under the scheme.

The shares will be issued pursuant to the exercise of options granted under the following schemes: The listing is expected to be effective on July 16, 2008.