Venture - talks about ignoring BP or Shell and if you want Capital Growth go for Venture Productions. Comments that its shares have underperformed its peers due to problems on its Trees fields during '02-'03. Says that it is a different company now with 11 fields in teh North Sea. Looking to produce 40,000 boepd in 2006 but it could be appreciably higher.
Mentions that the share price doesn’t take into account extra fields brought on-stream. Prospect of a special dividend or share buy backs from the high oil price. Now that N.Sea tax is fixed for three years, prospect of share buy back - stock is well placed to grow. Buy says Chris Hope of The Telegraph