0000072633-18-000012.txt : 20180501 0000072633-18-000012.hdr.sgml : 20180501 20180501145532 ACCESSION NUMBER: 0000072633-18-000012 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20180430 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20180501 DATE AS OF CHANGE: 20180501 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: 18795000 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 ek050118.htm

UNITED STATES
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)  
April 27, 2018

 NORTH EUROPEAN OIL ROYALTY TRUST 
(Exact name of Registrant as specified in its charter)

Commission File No. 1-8245

 Delaware 
(State of organization)

 22-2084119 
IRS Employer I.D. No.

43 West Front Street, Suite 19A, Red Bank, NJ 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))

 

Item 2.02.    Results of Operations and Financial Condition.

On April 27, 2018, North European Oil Royalty Trust issued a press release via PR Newswire announcing the Trust's distribution for the second quarter of fiscal 2018. 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 April 27, 2018 and disseminated through PR Newswire announcing the distribution for North European Oil Royalty Trust for the second quarter of fiscal 2018.


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 hereunto duly authorized.


NORTH EUROPEAN OIL ROYALTY TRUST
(Registrant)


By:  /s/ John R. Van Kirk
   John R. Van Kirk
     Managing Director

May 1, 2018

EX-99 2 x99-0501.htm

Exhibit 99

PR NEWSWIRE

NORTH EUROPEAN OIL ROYALTY TRUST
ANNOUNCES THE DISTRIBUTION
FOR THE SECOND QUARTER OF FISCAL 2018

Red Bank, N.J.  April 27, 2018  -  The Trustees of North European Oil Royalty Trust (NYSE-NRT) announced today a quarterly distribution of $0.19 per unit for the second quarter of fiscal 2018, payable on May 30, 2018 to holders of record on May 18, 2018. Natural gas sold during the first calendar quarter of 2018 is the primary source of royalty income on which the May 2018 distribution is based.

John R. Van Kirk, Managing Director, reported that this year's quarterly distribution of $0.19 per unit is the same as the distribution of $0.19 per unit for the second quarter of fiscal 2017. Specific details will be available in the earnings press release scheduled for publication on or about May 16, 2018.

The table below shows an estimate of the amount of royalties anticipated to be received in the third quarter of fiscal 2018 based on the actual amount of royalties that were payable to the Trust for the first calendar quarter of 2018. Amounts in dollars are based on the current exchange rate of 1.210975. Actual royalty income in dollars is valued based on exchange rates on the day funds are transferred.

Estimated Combined Royalties Anticipated in Combined Royalties in Euros Combined Royalties in Dollars Dollar Royalties in Cents per Unit
May
Euros 541,159
$655,330
$0.0713
June
Euros 541,159
$655,330
$0.0713
July
Euros 541,159
$655,330
$0.0713

The cumulative 12-month distribution, which includes the May 2018 distribution and the three prior quarterly distributions, is $0.78 per unit. This 12-month cumulative distribution is 27.87% or $0.17 per unit higher than the prior 12-month distribution of $0.61 per unit. 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, email: jvankirk@neort.com. The Trust's press releases and other pertinent information are available on the Trust's website: www.neort.com.