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The information below comes from the UK Activity Report.
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Venture Production Venture Production is to acquire Wham Energy, the North Sea oil and gas exploration company, for £14m. 27-Aug-2007 Venture Production has raised £150m from private equity investors to fund the acquisition of oil and gas fields in the North Sea. 23-Jul-2007 Venture Production is to invest £70m in the development of a new 33km North Sea pipeline to export oil from its fields in the Greater Kittiwake Area by late 2007. 06-Nov-2006 Venture Production is looking to double its North Sea oil and gas reserves and production by 2008, focusing on smaller fields that are considered uneconomic by the major oil companies. 20-Sep-2006 Venture Production has secured government approval to develop the Mimas gas field in the southern North Sea. 10-May-2006 Venture Production and its partners are to invest about £1bn in the North Sea over the next five years, including the acquisition of more unwanted oil and gas assets from the majors. 27-Apr-2006 Venture Production is planning to invest £96m in the development of the Ensign gas field in the North Sea, with production starting in 2007 or 2008. 07-Nov-2005 Venture Production has raised £29m in a placement of bonds to fund the acquisition of oil assets in the North Sea. 20-Jul-2005 Venture Production is to acquire a package of oil development assets in the Central North Sea from Amerada Hess for about £8m. 11-May-2005 Venture Production is to raise £25m in a share placing to fund the expansion of its oil production business. 21-Sep-2004 Venture Production is to acquire five North Sea oil blocks from Marubeni Oil & Gas for £28m. 02-Sep-2004 Venture Production has acquired First Oil's interests in the southern North Sea for £6.6m, and has also won licences to develop additional blocks with Dana Petroleum. 04-Aug-2003 Venture Production and Dana Petroleum are to acquire the producing Kittiwake and Mallard fields in the central North Sea from Shell and Esso, including the associated oil storage infrastructure. 30-Apr-2003 Venture Production is looking to spend up to £100m on the acquisition of unwanted oil fields in the North Sea this year. 27-Mar-2003 Venture Production has acquired an additional 50% stake in the Chestnut oil field in the central North Sea from Amerada Hess for an initial £6.5m. 21-Mar-2003 Venture Production has won government approval for a £90m project to develop the Sycamore oil and gas field, creating 400 onshore and offshore jobs during construction. 29-May-2002 Venture Production of Aberdeen is planning to raise about £25m in a flotation next month to fund the development of oil and gas reserves in the North Sea and in Trinidad. 18-Feb-2002 The information above comes from the UK Activity Report Copyright UK Business Park 1995-2007