<SEC-DOCUMENT>0000072633-13-000023.txt : 20131101
<SEC-HEADER>0000072633-13-000023.hdr.sgml : 20131101
<ACCEPTANCE-DATETIME>20131101105950
ACCESSION NUMBER: 0000072633-13-000023
CONFORMED SUBMISSION TYPE: 8-K
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20131031
ITEM INFORMATION: Results of Operations and Financial Condition
ITEM INFORMATION: Financial Statements and Exhibits
FILED AS OF DATE: 20131101
DATE AS OF CHANGE: 20131101
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: NORTH EUROPEAN OIL ROYALTY TRUST
CENTRAL INDEX KEY: 0000072633
STANDARD INDUSTRIAL CLASSIFICATION: OIL ROYALTY TRADERS [6792]
IRS NUMBER: 222084119
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1031
FILING VALUES:
FORM TYPE: 8-K
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08245
FILM NUMBER: 131184754
BUSINESS ADDRESS:
STREET 1: P O BOX 456
STREET 2: 43 WEST FRONT STREET SUITE 19-A
CITY: RED BANK
STATE: NJ
ZIP: 07701
BUSINESS PHONE: 7327414008
MAIL ADDRESS:
STREET 1: P O BOX 456
STREET 2: 43 WEST FRONT STREET SUITE 19-A
CITY: RED BANK
STATE: NJ
ZIP: 07701
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>ek110113.txt
<TEXT>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
October 30, 2013
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NORTH EUROPEAN OIL ROYALTY TRUST
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(Exact name of Registrant as specified in its charter)
Commission File No. 1-8245
Delaware 22-2084119
----------------------- -----------------------
(State of organization) (IRS Employer I.D. No.)
Suite 19A, 43 West Front Street, Red Bank, N.J. 07701
----------------------------------------------------------------
(Address of principal executive offices)
732-741-4008
---------------------------------------------------
(Registrant's telephone number including area code)
Not Applicable
------------------------------------------------------------
Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of
the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
-2-
Item 2.02. Results of Operations and Financial Condition.
----------------------------------------------
On October 30, 2013 North European Oil Royalty Trust issued
a press release via PR Newswire announcing the Trust's
distribution for the fourth quarter of fiscal 2013.
Furnished herewith is a copy of the press release, which is
incorporated by reference herein.
Item 9.01. Financial Statements and Exhibits.
----------------------------------
(c) Exhibits
The following exhibit is furnished herewith:
Exhibit 99. A press release dated October 30, 2013 and
disseminated through PR Newswire announcing the
distribution for North European Oil Royalty Trust
for the fourth quarter of fiscal 2013.
SIGNATURES
----------
Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed on its behalf
by the undersigned thereunto duly authorized.
NORTH EUROPEAN OIL ROYALTY TRUST
--------------------------------
(Registrant)
By: /s/ John R. Van Kirk
------------------------
John R. Van Kirk
Managing Director
Dated: November 1, 2013
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>x99-1101.txt
<TEXT>
-3-
Exhibit 99
PR NEWSWIRE
NORTH EUROPEAN OIL ROYALTY TRUST ANNOUNCES
THE DISTRIBUTION FOR THE FOURTH QUARTER OF FISCAL 2013
Red Bank, N.J. October 30, 2013 - The Trustees of North European Oil Royalty
Trust (NYSE-NRT) today announced a quarterly distribution of $0.53 per unit
for the fourth quarter of fiscal 2013, payable on November 27, 2013 to holders
of record on November 15, 2013. Natural gas sold during the third calendar
quarter of 2013 is the primary source of royalty income on which the November
distribution is based.
John R. Van Kirk, Managing Director, reported that this year's quarterly
distribution of $0.53 per unit is 3.92%, or $0.02 per unit, higher than the
distribution of $0.51 per unit for the fourth quarter of fiscal 2012. In
accordance with the royalty payment procedures, the prior year adjustments
are included in the Trust's royalty income for the fourth fiscal quarter. In
the fourth quarter of fiscal 2013 the prior year adjustment, while positive,
was nominal. However, in the fourth quarter of fiscal 2012 the prior year
adjustment represented a negative impact of approximately $0.0189 per unit.
Specific details from the operating companies regarding sales, prices and
production will be available in the press release announcing the Trust's net
income scheduled for release on or about November 14, 2013.
The table below shows an estimate of the amount of royalties anticipated to
be received in the first quarter of fiscal 2014 based on the actual amount of
royalties that were payable to the Trust for the third calendar quarter of
2013. Amounts in dollars are based on the current exchange rate of 1.3788.
Actual royalty income in dollars is valued based on exchange rates on the days
funds are transferred. The November estimate below includes an adjustment
for the overpayment of royalties which occurred in the preceding quarter.
------------------------------------------------------------------------------
Estimated Combined Combined Combined Dollar
Royalties Royalties Royalties Royalties in
Anticipated in In Euros In Dollars Cents per Unit
------------------------------------------------------------------------------
November Euros 1,211,594 $1,670,546 $0.182
December Euros 1,256,683 $1,732,715 $0.189
January Euros 1,256,683 $1,732,715 $0.189
------------------------------------------------------------------------------
The cumulative distributions for fiscal 2013, which include this November
distribution and the three prior quarterly distributions, are $2.25 per unit
as compared to $2.46 per unit for fiscal 2012. The cumulative distributions
for fiscal 2013 are 8.54% or $0.21 per unit lower than the cumulative
distributions for fiscal 2012. The Trust makes quarterly distributions to
unit owners during the months of February, May, August and November.
Contact - John R. Van Kirk, Managing Director, telephone: (732) 741-4008,
e-mail: jvankirk@neort.com. The text of the Trust's press releases along
with other pertinent information is available at the Trust's website:
www.neort.com.
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>