0000072633-16-000050.txt : 20161101 0000072633-16-000050.hdr.sgml : 20161101 20161101131650 ACCESSION NUMBER: 0000072633-16-000050 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20161031 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20161101 DATE AS OF CHANGE: 20161101 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: 161964020 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 ek110116.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 27, 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 2.02. Results of Operations and Financial Condition. ---------------------------------------------- On October 27, 2016 North European Oil Royalty Trust issued a press release via PR Newswire announcing the Trust's distribution for the fourth quarter of fiscal 2016. Furnished herewith is a copy of the press release, which is incorporated by reference herein. Item 9.01. Financial Statements and Exhibits. ---------------------------------- (c) Exhibits The following exhibit is furnished herewith: Exhibit 99. A press release dated October 27, 2016 and disseminated through PR Newswire announcing the distribution for North European Oil Royalty Trust for the fourth quarter of fiscal 2016. 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: November 1, 2016 EX-99 2 x99-1101.txt -3- Exhibit 99 PR NEWSWIRE NORTH EUROPEAN OIL ROYALTY TRUST ANNOUNCES THE DISTRIBUTION FOR THE FOURTH QUARTER OF FISCAL 2016 Red Bank, N.J. October 28, 2016 The Trustees of North European Oil Royalty Trust (NYSE-NRT) announced today a quarterly distribution of $0.12 per unit for the fourth quarter of fiscal 2016, payable on November 30, 2016 to holders of record on November 18, 2016. John R. Van Kirk, Managing Director, reported that this year's quarterly distribution of $0.12 per unit is 47.83%, or $0.11 per unit, lower than the distribution of $0.23 per unit for the fourth quarter of fiscal 2015. Specific details will be available in the earnings press release scheduled for publication on or about November 18, 2016. The Trust and the German operating companies signed amendments to the royalty agreements on August 26, 2016. The amendments establish a new simpler pricing model based upon the German border import price, which is determined by the German Federal Statistical Office on the basis of the prices and volumes of all gas imported into Germany. The change to the German border import prices is intended to be, and the Trustees believe it will be, revenue neutral for the Trust. A complete description of the amendments will be available in the Trust's 2016 10-K and 2016 Annual Report. The cumulative distribution for fiscal 2016, which includes this November distribution and the three prior quarterly distributions, is $0.67 per unit as compared to $1.27 per unit for fiscal 2015. The cumulative distribution for fiscal 2016 is 47.24% or $0.60 per unit lower than the cumulative distribution for fiscal 2015. The Trust makes quarterly distributions to unit owners during the months of February, May, August and November. 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.