HOUSTON, July 10 (Reuters) - Executives of

Toronto-listed Gold Reserve ( GDRZF ) 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 ( GDRZF ) subsidiary for the refiner's

parent is approved by a U.S. federal judge.

A $7.4 billion bid by Gold Reserve's ( GDRZF ) 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.