-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Ey37GxFLa/HvRoo6GF53O35uEy5U8CBc3LnPKpriC5NwKUd+BRW8iVQZ+kF6u4Vs l7sAGdxeDiRokdBdBKvBuQ== 0000072633-04-000023.txt : 20041029 0000072633-04-000023.hdr.sgml : 20041029 20041029151803 ACCESSION NUMBER: 0000072633-04-000023 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20041028 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20041029 DATE AS OF CHANGE: 20041029 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: 041106085 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 8-K 1 ek102904.txt 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 28, 2004 -------------------- NORTH EUROPEAN OIL ROYALTY TRUST ------------------------------------------------------ (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) This report consists of 3 pages. -2- Item 7. Financial Statements and Exhibits. ---------------------------------- (c) Exhibits Exhibit 99. A press release dated October 28, 2004 and disseminated through PR Newswire announcing the distribution for the fourth quarter of fiscal 2004. Item 12. Results of Operations and Financial Condition. ----------------------------------------------- On October 28, 2004 North European Oil Royalty Trust issued a press release via PR Newswire announcing the Trust's Distribution for the fourth quarter of fiscal 2004. 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: October 29, 2004 EX-99 2 x99-1029.txt Exhibit 99 PR NEWSWIRE NORTH EUROPEAN OIL ROYALTY TRUST ANNOUNCES DISTRIBUTION FOR THE FOURTH QUARTER OF FISCAL 2004 RED BANK, N.J. October 28, 2004 -- The Trustees of North European Oil Royalty Trust (NYSE-NRT) announced today a quarterly distribution of 33 cents per unit, payable on November 24, 2004 to holders of record on November 12, 2004. John R. Van Kirk, Managing Director, noted that this year's quarterly distribution was 12 cents or 26.6% lower than the distribution for the prior year's equivalent quarter. As of the date of this announcement information on gas prices and sales for the entire fiscal quarter has not been received. Information on gas prices and sales under the higher royalty rate agreement covering western Oldenburg for the first two months of the fiscal quarter indicates that declines in both sales and prices are the most likely reason behind the decline in the distribution payable. Cumulative western gas sales for the first two months were down 30% compared to the same period in the fourth quarter of fiscal 2003. Average gas prices for gas sold from western Oldenburg during the first two months have dropped by 18.1% compared to average prices for the first two months of the fourth quarter of fiscal 2003. An 10.2% improvement in the average value of the Euro based on the transfer of royalties from western Oldenburg for the first two months compared to the same period in the prior year helped to reduce the impact of the drop in gas prices and sales but only marginally. The total distribution for fiscal 2004 is $1.59 per unit compared to the previous year's distribution of $1.95 per unit. The difference of $0.36 represents a decrease of 18.5%. The November distribution reflects royalties from sales made during the third calendar quarter of 2004. The Trust makes quarterly distributions to unit owners during the months of February, May, August and November. Contact -- John H. Van Kirk, Managing Trustee, or John R. Van Kirk, Managing Director, at (732) 741-4008 or e-mail at NEORT@AOL.Com. -----END PRIVACY-ENHANCED MESSAGE-----