-----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, ToLqNulorCEKbgDayYKc0Tmb++kl7xW1h63weTZz93RyypqNf0pvu3lLPnvQf7gy WG0zziDzcbueQCUMm9q/vg== 0000072633-05-000018.txt : 20050811 0000072633-05-000018.hdr.sgml : 20050811 20050811154034 ACCESSION NUMBER: 0000072633-05-000018 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050731 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050811 DATE AS OF CHANGE: 20050811 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: 051016983 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 ek081105.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): August 10, 2005 -------------------- 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 2.02. Results of Operations and Financial Condition. ---------------------------------------------- On August 10, 2005 North European Oil Royalty Trust issued a press release via PR Newswire detailing the Trust's earnings for the third quarter of fiscal 2005. Item 9.01. Financial Statements and Exhibits. ---------------------------------- (c) Exhibits Exhibit 99. A press release dated August 10, 2005 and disseminated through PR Newswire announcing the Trust's earnings for the third quarter of fiscal 2005. 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: August 11, 2005 EX-99 2 x99-0811.txt -3- Exhibit 99 PR NEWSWIRE NORTH EUROPEAN OIL ROYALTY TRUST ANNOUNCES EARNINGS FOR THE THIRD FISCAL QUARTER & THE NINE MONTH PERIOD Red Bank, N.J. August 10, 2005 -- North European Oil Royalty Trust (NYSE-NRT) announced that Trust net income for its third fiscal quarter ended July 31, 2005 was $5,219,675. This level of net income represents an increase of 55.7% from the net income for the prior year's equivalent period. Improvements in gas sales and gas prices under both the higher and lower royalty rate agreements and the concentration of those improvements in the higher royalty rate area of western Oldenburg combined to produce the significant increase in royalty income. Gas sales under the higher royalty rate agreement increased by 20.9% to 18.33 billion cubic feet ("Bcf"), while average gas price increased 30.7% to 1.4738 Euro cents per Kilowatt hour ("Ecents/Kwh"). Gas sales under the lower royalty rate agreement increased by 8.7% to 41.91 Bcf. The average price for gas sold under the lower royalty rate agreements increased by 28.3% to 1.5216 Ecents/Kwh. Using the average value for the Euro to convert German gas prices into more familiar terms yields average gas prices for the higher and lower royalty rate areas respectively of $5.18 and $5.25 per Mcf. NORTH EUROPEAN OIL ROYALTY TRUST -------------------------------- (Figures are unaudited) Quarter Ended 7/31/05 7/31/04 - ------------- ----------- ----------- German Royalties Received $ 5,419,524 $ 3,506,720 Net Income 5,219,675 3,351,901 Net Income Per Unit $ 0.57 $ 0.38 Nine Months Ended 7/31/05 7/31/04 - ----------------- ----------- ----------- German Royalties Received $16,906,627 $11,942,458 Net Income 16,192,184 11,344,703 Net Income Per Unit $ 1.77 $ 1.27 Contact -- John H. Van Kirk, Managing Trustee, or John R. Van Kirk, Managing Director, telephone: (732) 741-4008, e-mail: NEORT@AOL.Com, website: www.NEORT.com. -----END PRIVACY-ENHANCED MESSAGE-----