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
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NORTH EUROPEAN OIL ROYALTY TRUST
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(Exact name of Registrant as specified in its charter)
Commission File No. 1-8245
Delaware 22-2084119
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(State of organization) (IRS Employer I.D. No.)
Suite 19A, 43 West Front Street, Red Bank, N.J. 07701
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(Address of principal executive offices)
732-741-4008
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(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.
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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.
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(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
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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.