Conoco CEO: Has not received firm proposal on Venezuela talks

ConocoPhillips has not yet received a definite proposal from the Venezuelan government on the future commercial terms of its investment there, but expects one before the end of June, Chief Executive Jim Mulva said Wednesday.
“We have not received firm proposals at this time,” Mulva told reporters in at a press conference after the company’s annual shareholders meeting here. “We expect it over the next two months.”
MarketWatch