STOCK WATCH

SHARES in Hurricane Energy have had a turbulent time but could be set to soar on the back of its Lancaster field in the North Sea.

Yesterday boss Robert Trice announced that progress remained on budget and on schedule to start production in 2019. The company’s discoveries have boosted optimism about the North Sea at a time of general decline.

The announcement failed to excite the market, however, with shares falling 0.9pc, or 0.4p, to 46.5p.