0000072633-16-000028.txt : 20160119 0000072633-16-000028.hdr.sgml : 20160118 20160119161057 ACCESSION NUMBER: 0000072633-16-000028 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20160118 ITEM INFORMATION: Other Events FILED AS OF DATE: 20160119 DATE AS OF CHANGE: 20160119 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: 161348437 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 ek011816.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): January 18, 2016 ---------------- 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 8.01. Other Events. ------------- On January 18, 2016 North European Oil Royalty Trust issued a press release via PR Newswire announcing the receipt of preliminary information relating to a potential royalty adjustment. Filed herewith is a copy of the press release, which is incorporated by reference herein. 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: January 18, 2016 EX-99 2 x99-0118.txt -3- Exhibit 99 PR NEWSWIRE NORTH EUROPEAN OIL ROYALTY TRUST ANNOUNCES THE RECEIPT OF PRELIMINARY INFORMATION RELATING TO A POTENTIAL ROYALTY ADJUSTMENT Red Bank, N.J. January 18, 2016 North European Oil Royalty Trust (the "Trust") (NYSE-NRT) has been notified by its German accountants, who are in the process of conducting their examination of the 2013-14 royalty payments by the operating companies, that the reconciliation in 2013 of a dispute between Oldenburgische Erdol Gesellschaft ("OEG") and one of its customers was not properly reflected in the system by which the average gas sales price is calculated. It is the calculation of the average gas sales price that forms the basis for the final determination of royalty payments due the Trust. This dispute covered a period of several years, but the Trust does not have information about how far back the dispute related to. The Trust is awaiting further information from OEG, but preliminary statements by OEG suggest that the aggregate negative adjustment OEG might claim could be up to approximately Euros 1 million (which would be approximately 12 cents per unit at current exchange rates). Beyond the statements to the Trust's German accountants, discussions of any possible adjustments have not taken place, and the Trust only has limited information at this point. As a result, the actual amount and the timing of any such adjustment are not yet known. The Trust, together with its German advisors, will closely examine the final report from OEG once it is received and will actively contest any portion of such adjustment that it does not believe is warranted. Contact John R. Van Kirk, Managing Director, telephone: (732) 741-4008, e-mail: 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.