Venture Production Plc. (VPC.L) announced that average net daily production for 2008 was approximately 45,000 barrels of oil equivalent per day or "boepd", an increase of 9% over 2007.
In terms of hydrocarbon split, Venture's southern North Sea gas fields contributed 66% of total 2008 UKCS production with the balance coming from Venture's portfolio of central North Sea oil fields.
At 31 December 2008, net proven and probable reserves are estimated to total approximately 214 million barrels of oil equivalent1, including the Company's proportionate share of reserves in Trinidad.
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