Venture pipeline onstream.
Investors Chronicle - magazine and web content, November, 2007
Another milestone delivered by North Sea producer Daniel O'Sullivan
North Sea-focused Venture Production has completed a new pipeline from its GKA fields on time and on budget.
Replacing tanker shipments will cut costs and boost operational life across these assets.
Venture continues to get the details right, even as its shares have suffered due to gas price volatility. Currently up 15 per cent on our buy tip (674p, 23 June 2006), we reiterate this advice at 776p as Venture should benefit from a likely rebound in UK gas prices.
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