It's all about creating a new business that works for both partners.

This is highest number we've ever seen in such a small area.

pro-active in approaching the government to talk about converting our operating agreement to a joint venture because we felt it was the right thing to do.

We didn't expect a change to existing contracts but we do expect that governments will adapt their terms to the ... oil price reality ? not just here but all around the world. That's not a surprise.

It is hard to turn away from the tremendous opportunities in Venezuela, ... The Venezuelans can and will be extracting higher rents, and we expect, and accept, that.

I am humbled by these supporters. Indoor volleyball is much more popular here than in the U.S. It's good to see fans show commitment.

We're looking at a transitory period in which things are a little bit tense, but if we get through this, we'll be in a much better place. I believe there is a role for private oil companies here, and that the government believes there is a role for us here.

We had been speaking about a 51 percent to 49 percent split, but we're open to discussing any percentage,

We've been in Venezuela for 90 years, and we'll be here another 90 years.