-----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, NLcuBC28fz7xa0STwvm25l8vfR1rLUnv2vqAg1DN3/0j8j7h7Nze85R93PcDOYE5 z3bfYqfOASE83c4qfZ7s1Q== 0000072633-06-000026.txt : 20061031 0000072633-06-000026.hdr.sgml : 20061031 20061031131948 ACCESSION NUMBER: 0000072633-06-000026 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20061031 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20061031 DATE AS OF CHANGE: 20061031 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: 061174842 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 ek103106.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 30, 2006 -------------------- 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) 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, 2006 North European Oil Royalty Trust issued a press release via PR Newswire announcing the Trust's distribution for the fourth quarter of fiscal 2006. Item 9.01. Financial Statements and Exhibits. ---------------------------------- (c) Exhibits Exhibit 99. A press release dated October 30, 2006 and disseminated through PR Newswire announcing the distribution for the fourth quarter of fiscal 2006. 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 31, 2006 EX-99 2 x99-1031.txt -3- Exhibit 99 PR NEWSWIRE NORTH EUROPEAN OIL ROYALTY TRUST ANNOUNCES DISTRIBUTION FOR THE FOURTH QUARTER OF FISCAL 2006 RED BANK, N.J. October 30, 2006 -- The Trustees of North European Oil Royalty Trust (NYSE-NRT) announced today a quarterly distribution of 78 cents per unit, payable on November 29, 2006 to holders of record on November 10, 2006. The November distribution reflects royalties from sales made during the third calendar quarter of 2006. John R. Van Kirk, Managing Director, noted that this year's quarterly distribution was 36 cents or 85.7% higher than the distribution for the prior year's equivalent quarter. A combination of higher gas prices, higher gas sales and higher average exchange rates under both royalty rate agreements covering the Oldenburg concession resulted in the increase in funds available and the resulting higher distribution per unit. Average gas prices under the higher royalty rate agreement covering western Oldenburg increased 36.69% from 1.5397 Euro cents per kilowatt hour ("Ecents/Kwh") to 2.1046 Ecents/Kwh. Average gas prices under the lower royalty rate agreement covering the entire Oldenburg concession increased 35.96% from 1.5874 Ecents/Kwh to 2.1582 Ecents/Kwh. Gas sales from western Oldenburg increased 16.24% from 14.722 billion cubic feet ("Bcf") to 17.113 Bcf. Overall gas sales, covering both western and eastern Oldenburg, increased by 30.59% from 31.593 Bcf to 41.258 Bcf. The average value for the Euro based on the royalty transfers increased 4.59% from a dollar equivalent value of $1.2120 to $1.2677. The total distribution for fiscal 2006 is $3.28 per unit compared to the previous year's distribution of $2.22 per unit. The difference of $1.06 per unit represents an increase of 47.7%. 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, e-mail at neort@aol.com, website: www.neort.com. -----END PRIVACY-ENHANCED MESSAGE-----