Bidder for Citgo parent Gold Reserve says happy with refiner's management

HOUSTON, July 10 (Reuters) - Executives of Toronto-listed Gold Reserve GRZ.V said on Thursday the mining company is pleased with the performance of Venezuela-owned Citgo Petroleum's management, a sign that top company executives might remain if a bid by a Gold Reserve subsidiary for the refiner's parent is approved by a U.S. federal judge.

A $7.4 billion bid by Gold Reserve's Dalinar Energy Corporation was recommended this month by a court officer overseeing a court-organized auction of shares. Delaware Judge Leonard Stark is expected to soon decide whether to approve it, while opposition from other bidders and creditors has emerged.