Gulf Keystone says Iraqi Kurdistan oilfield output target on track

• Gulf Keystone Petroleum (OTCQX:GUKYF, OTCQX:GFKSY) says it is on track to meet its FY 2014 production target of 40K bbl/day at its key oil field in Iraqi Kurdistan, but shares are -10% in London trading amid uncertainty around how much money the company would receive from the Kurdistan government for oil exports.
• The government says it would pay $75M to oil producing companies for their exports in November and make further payments on a regular basis.
• Gulf Keystone says exports by truck to the Turkish coast have continued uninterrupted since Nov. 2013.