Here's what KBC had to say about them.

http://www.kbcpeelhunt.com/pdfs/Oil04Mar05.pdf

Venture is by a margin the cheapest of the North Sea focused E&P
companies in terms of its forward cash flow multiple. With key new
gas field development seeming to be on track, the production base
will get not only an anticipated strong addition from March but will
also derive improved asset diversity. The company has so far
significantly under-delivered in financial terms and improved market
confidence and rising profitability could make this a strong
performer in 2005.
While Venture has generally managed its primary North Sea
production and development business competently, and field
performance, with the exception of Sycamore, has been up to
expectations, the financial performance has been undermined by
events. However, delivery of the key new field developments seems
to be on track and the company should more than double production
capacity to over 45,000 barrels of oil equivalent by the end of 2005
and should achieve on average at least 30,000 boe/d in the year.
The misfortunes continued on Sycamore, with an injector well
apparently not communicating with the intended reservoir section.
This caused the company to reduce 2005 production guidance by
about 1,500 b/d to 31.0-33.0 kboe/d.
The development programme under way continues through 2006
giving a further year or two of growth in the production profile from
within the existing reserve inventory. The company therefore has
time to seek further development opportunities either within its
existing licences or by acquiring or licensing new assets.
The stock is trading close to our Core NAV estimate but is on a lower
prospective multiple of earnings (2005 PE of 7) and cash flow (P:CF
of 2.3) than any other E&P stock. The appointment of a new FD
relieves CEO Mike Wagstaff of his multiple responsibilities, which
should improve confidence in delivery.
With 50% of estimated production in 2005-2008 in the form of natural
gas, Venture offers direct exposure to the UK gas price. Moreover,
the reliability issues that have dogged the company have been in its
oil rather than gas operations.

1000p to 1100p target assuming oil $95 in 2008.

UBS target 1250p..!

This has climbed like the space shuttle from 600p....no stopping it at the moment !.

i think something dodgy happened in jan when it went rom 850p down to 570p or less.....i almost sold!
thankfully i held and now in profit again.....i bet some city boys knocked it down and bought in....oh, am i being cynical again

just look at hornby at hbos if u want a dodgy guy

Been keeping the faith with Venture for a while now. A bumber year so far after a 'shakey' start.

On the bounce.

do u think these will go back up soon......bit of a drop recently.....arent interims out soon

Still a hold for me just like Dana.

Nice bounce today with Dana's results.

Mitzy, would the support break at 560p?

At 558p the future is very bleak.

Looks like a revival going on here at the moment.

Stock is very cheap no matter which way you value it.

Chart and secondary indicators looking rather positive...

Going reasonably well compared to most oileys today.

Looks like profit taking after yesterdays gains.

Not far off recent highs..

http://www.oil-price.net/

Russia and Opec
Published: November 27 2008 09:35 | Last updated: November 27 2008 19:44

Russia, says President Dmitry Medvedev, is ready to co-ordinate but not collude with Opec to stabilise oil prices. Two other Russian ministers have been making similar noises, just as Opec prepares to meet in Cairo on Saturday to consider further output cuts. Yet before consuming countries quake about a new price-fixing alliance between the oil cartel and the worlds second biggest crude producer, they should understand the precarious tightrope Moscow walks in relations with Opec.

Certainly, Russia has compelling reasons to boost oil prices. Urals blend is $20 below the $70 a barrel level at which Russia tips into budget and current account deficits. The sliding oil price also puts immense pressure on the rouble. Flinching from a politically hazardous devaluation, the Kremlin is burning through billions of dollars of foreign exchange reserves defending the currency. Production from Russias ageing oilfields, moreover, is already falling, but low prices make developing remote new reserves uneconomic. Most crucially, not co-operating with Opec risks seeing the cartel eschew production cuts to spite non-members who attempt to free ride on its efforts to bolster prices.

EDITORS CHOICE
In depth: Oil - Nov-27Oilexco scraps convertible bonds issue - Nov-20Chinese plans buoy Fortune Oil - Nov-11Statoil says turbulence could trigger mergers - Nov-03Petrochemical prices fall to multi-year lows - Nov-02Falling oil poses threat to supplies - Oct-22To continue reading this article, you must be a Premium subscriber...

Cracking finish, through 400p and nic elittle profit for the day.

440s to attack monday.

Still hold not sold one.

oil and gold cheap.

Yep Mitzy,

but as a pal just asking you to watch profit opportunity' s locked in.

Dont mean to be a mother ubbered or owt like that but take some profits even if its only a skim at 10% .

If you dont the MMs will have you.]

Sorry to keep harping on. youve been a gooD un to me so trying to pay back the compliment.

long term holder me gf for 4 years should have sold at 1000p I know but not unhappy to buy now at 400p.