<SEC-DOCUMENT>0000072633-17-000010.txt : 20170501
<SEC-HEADER>0000072633-17-000010.hdr.sgml : 20170501
<ACCEPTANCE-DATETIME>20170501113251
ACCESSION NUMBER: 0000072633-17-000010
CONFORMED SUBMISSION TYPE: 8-K
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20170428
ITEM INFORMATION: Results of Operations and Financial Condition
ITEM INFORMATION: Financial Statements and Exhibits
FILED AS OF DATE: 20170501
DATE AS OF CHANGE: 20170501
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: 17799228
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>ek050117.txt
<TEXT>
UNITED STATES
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):
April 28, 2017
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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
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(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 April 28, 2017, North European Oil Royalty Trust issued
a press release via PR Newswire announcing the Trust's
distribution for the second quarter of fiscal 2017.
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 April 28, 2017 and
disseminated through PR Newswire announcing the
distribution for North European Oil Royalty Trust
for the second quarter of fiscal 2017.
SIGNATURES
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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 hereunto duly authorized.
NORTH EUROPEAN OIL ROYALTY TRUST
--------------------------------
(Registrant)
By: /s/ John R. Van Kirk
------------------------
John R. Van Kirk
Managing Director
Dated: May 1, 2017
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>x99-0501.txt
<TEXT>
-3-
Exhibit 99
PR NEWSWIRE
NORTH EUROPEAN OIL ROYALTY TRUST ANNOUNCES
THE DISTRIBUTION FOR THE SECOND QUARTER OF FISCAL 2017
Red Bank, N.J. April 28, 2017 The Trustees of North European Oil Royalty
Trust (NYSE-NRT) today announced a quarterly distribution of $0.19 per unit
for the second quarter of fiscal 2017, payable on May 31, 2017 to holders of
record on May 19, 2017. Natural gas sold during the first calendar quarter
of 2017 is the primary source of royalty income on which the May 2017
distribution is based.
John R. Van Kirk, Managing Director, reported that this year's quarterly
distribution of $0.19 per unit is 20.83%, or $0.05 per unit, lower than the
distribution of $0.24 per unit for the second quarter of fiscal 2016.
Specific details will be available in the earnings press release scheduled
for publication on or about May 12, 2017.
The table below shows an estimate of the amount of royalties anticipated to
be received in the third quarter of fiscal 2017 based on the actual amount of
royalties that were paid to the Trust for the first calendar quarter of 2017.
Amounts in dollars are based on the current exchange rate of 1.09321. Actual
royalty income in dollars is valued based on exchange rates on the day funds
are transferred.
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Estimated Combined Combined Combined Dollar
Royalties Royalties Royalties Royalties in
Anticipated in In Euros In Dollars Cents per Unit
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May Euros 588,674 $643,544 $0.0700
June Euros 588,674 $643,544 $0.0700
July Euros 588,674 $643,544 $0.0700
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The cumulative 12-month distribution, which includes the May 2017
distribution and the three prior quarterly distributions, is $0.61 per unit.
This 12-month cumulative distribution is 38.38% or $0.38 per unit lower than
the prior 12-month distribution of $0.99 per unit. 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,
email: 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>