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pro: It is hard to read the text on that press release in this format but is is on the Touchstone FB page and this sentence is interesting.
"Minister Young was pleased with the plans from Touchstone and urged company to continue with its plans and to consider opportunities presented in the upcoming Onshore Bid Round given the high oil and gas prices. He expressed his optimism at the production to be realised from the discoveries in the Ortoire Block. "
It is to have support from the government. They want TXP to increase production and are confident that that is going to happen based on dicussions with PB and XM about TXP plans.
They urged company "to consider opportunities in the upcoming bid round" . They did that publicly in a press release. That is important because the government has full discretion about who gets the bid awards, and they are happy with TXP because the actually met their drill committments on Ortoire block (unlike some other past bid winners) and they have had discoveries from their exploration wells including the first on shore natural gas in decades at a time when Trinidad needs more gas from any source,.