Updates

Venture Production

August 2006

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

In a pre-close trading update, Venture Production noted that average daily production for the first six months ended 30 June was 43,572 barrels oil equivalent per day (boepd), an increase of 79% over the comparable period last year. However, because of planned maintenance shutdowns over the summer months, it is still sticking to its cautious guidance of 40-42,000 boepd for the year. Venture has successfully brought several new production wells on stream and when its new jack-up rig arrives in late September, it will also drill some higher impact prospects. These include Ensign, an appraisal well at its large undeveloped gas discovery in the southern North Sea and Ash, an exploration prospect in its "Trees" block. Given ...

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Hargreaves

Chemring

Venture Production - Falling gas prices trigger stop-loss (March 2007)

Venture Production (November 2006)

Venture Production - Acquisition of UK gas producer (September 2006)

Venture Production - Production ahead of guidance (June 2006)

Venture Production - Lowball production target should be thrashed (March 2006)

Venture Production - Oil & gas production hits 50,000 barrels per day (February 2006)

Venture Production - North Sea tax hike (January 2006)

Venture Production - Acquires North Sea gas discovery (December 2005)

Venture Production (November 2005)

Venture Production - Step increase in oil & gas production should see earnings rocket (August 2005)

Venture Production - Another oil producer seeing huge growth (May 2005)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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