Rule 8.3 - VENTURE PRODUCTION

FORM 8.3

    DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE
              (Rule 8.3 of the City Code on Takeovers and Mergers)


1.   KEY INFORMATION

Name of person dealing        BARCLAYS PLC
(Note 1)
Company dealt in              VENTURE PRODUCTION
Class of relevant security    ORD GBP0.004
to which the dealings being
disclosed relate (Note 2)
Date of dealing               15 June 2009

2.   INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE

(a)  Interests and short positions (following dealing) in the class of relevant
security dealt in (Note 3)

                            Long                     Short

                      Number       (%)         Number       (%)

(1) Relevant       4,239,967     2.83%         18,316     0.01%
securities
(2) Derivatives       82,414     0.06%        651,089     0.43%
(other than
options)
(3) Options and            0     0.00%              0     0.00%
agreements to
purchase/sell
Total              4,322,381     2.89%        669,405     0.45%

(b)  Interests and short positions in relevant securities of the company, other
     than the class dealt in (Note 3)

Class of                    Long                     Short
relevant
security:

                  Number              (%)   Number              (%)

(1) Relevant
securities

(2) Derivatives
(other than
options)

(3) Options and
agreements to
purchase/sell

Total


  (c)  Rights to subscribe (Note 3)

Class of relevant security:   Details



3.   DEALINGS (Note 4)

  (a)  Purchases and sales

Purchase/sale Number of Securities Price per unit
                                   (GBP)
Purchase      18,127               7.8161
Purchase      6,170                7.7909
Purchase      2,752                7.8362
Purchase      1,440                7.8394
Purchase      1,083                7.8476
Purchase      926                  7.8360
Purchase      669                  7.7963
Sale          11,622               7.8009
Sale          6,065                7.7937
Sale          3,194                7.8281
Sale          2,951                7.8067
Sale          2,833                7.8124
Sale          1,803                7.7933
Sale          764                  7.8343
Sale          163                  7.8300

(b)  Derivatives transactions (other than options)
Product name,  Long/Short    Number of     Price per
(e.g. CFD)     (Note 6)      Securities    unit (GBP)
CFD            Long          1803          7.7932
CFD            Long          6065          7.7937
CFD            Long          11622         7.8009
CFD            Long          2951          7.8066
CFD            Long          2833          7.8124
CFD            Long          908           7.821
CFD            Long          764           7.8342
CFD            Short         669           7.7963
CFD            Short         18127         7.816
CFD            Short         926           7.836
CFD            Short         2752          7.8361
CFD            Short         1440          7.8394
CFD            Short         1083          7.8475

(c)  Options transactions in respect of existing securities

(i)  Writing, selling, purchasing or varying

Product name,   Writing,          Number of          Exercise  Type, e.g.      Expiry   Option money
e.g. call       selling,          securities to      price     American,       date     paid/received
option          purchasing,       which the option             European etc.            per unit (GBP)
                varying etc.      relates (GBP)


(ii) Exercising

Product name, e.g.  Number of           Exercise price per
call option         securities          unit (Note 5)




(d)  Other dealings (including new securities) (Note 4)


Nature of transaction Details           Price per unit
(Note 8)                                (if applicable)
                                        (Note 5)




4.   OTHER INFORMATION
None

Agreements, arrangements or understandings relating to options or derivatives


Full details of any agreement, arrangement or understanding between the
person disclosing and any other person relating to the voting rights of
any relevant securities under any option referred to on this form or
relating to the voting rights or future acquisition or disposal of any
relevant securities to which any derivative referred to on this form is
referenced.  If none, this should be stated.




Is a Supplemental Form 8 attached? (Note 9)                 NO


Date of disclosure                         16 June 2009
Contact name                               Geoff Smith
Telephone number                           020 7116 2913
If a connected EFM, name of
offeree/offeror with which connected
If a connected EFM, state nature of
connection (Note 10)


Notes

The Notes on Form 8.3 can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk