-----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, MucmY9PnYs47/T9hZqgzAcIM2RPTpHhIJVFrGHClmE6/NZMt4bR3U/rMdLRnyoN1 /4nVwPNS8lxxfmJcAFw0Dg== 0000072633-05-000022.txt : 20051031 0000072633-05-000022.hdr.sgml : 20051031 20051031134618 ACCESSION NUMBER: 0000072633-05-000022 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20051031 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20051031 DATE AS OF CHANGE: 20051031 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: 051165780 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 ek102805.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, 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 October 28, 2005 North European Oil Royalty Trust issued a press release via PR Newswire announcing the Trust's distribution for the fourth quarter of fiscal 2005. Item 9.01. Financial Statements and Exhibits. ---------------------------------- (c) Exhibits Exhibit 99. A press release dated October 28, 2005 and disseminated through PR Newswire announcing the distribution for the fourth 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: October 28, 2005 EX-99 2 x99-1028.txt -3- Exhibit 99 PR NEWSWIRE NORTH EUROPEAN OIL ROYALTY TRUST ANNOUNCES DISTRIBUTION FOR THE FOURTH QUARTER OF FISCAL 2005 RED BANK, N.J. October 28, 2005 -- The Trustees of North European Oil Royalty Trust (NYSE-NRT) announced today a quarterly distribution of 42 cents per unit, payable on November 30, 2005 to holders of record on November 10, 2005. The November distribution reflects royalties from sales made during the third calendar quarter of 2005. John R. Van Kirk, Managing Director, noted that this year's quarterly distribution was 9 cents or 27.3% higher than the distribution for the prior year's equivalent quarter. A combination of higher gas prices under both royalty agreements and higher gas sales from western Oldenburg offset the impact of an overall drop in gas sales and a lower average exchange rate. Average gas prices under the higher royalty rate agreement covering western Oldenburg increased 23.3% from 1.2491 Euro cents per kilowatt hour ("Ecents/Kwh") to 1.5397 Ecents/Kwh. Average gas prices under the lower royalty rate agreement covering the entire Oldenburg concession increased 31.0% from 1.2118 Ecents/Kwh to 1.5874 Ecents/Kwh. Gas sales from western Oldenburg increased 13.7% from 12.948 billion cubic feet ("Bcf") to 14.722 Bcf. Overall gas sales, covering both western and eastern Oldenburg, declined by 12.0% from 35.911 Bcf to 31.593 Bcf. The average value for the Euro based on the royalty transfers declined 2.6% from a dollar equivalent value of $1.2449 to $1.2120. The total distribution for fiscal 2005 is $2.22 per unit compared to the previous year's distribution of $1.59 per unit. The difference of $0.63 per unit represents an increase of 39.6%. 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, telephone: (732) 741-4008, e-mail: NEORT@AOL.Com. Website: www.neort.com -----END PRIVACY-ENHANCED MESSAGE-----