8-K

NORTH EUROPEAN OIL ROYALTY TRUST (NRT)

8-K 2025-05-05 For: 2025-04-30
View Original
Added on April 06, 2026

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON,

DC 20549


FORM 8-K


CURRENT REPORTPursuant to Section 13or 15(d) of the****Securities Exchange Act of 1934

Date of report (Date of earliest event reported): April 30, 2025


NORTH EUROPEAN OIL

ROYALTY TRUST

(Exact Name of Registrant as Specified in Charter)


Delaware    1-8245     22-2084119

State or Other Jurisdiction    (Commission  (I.R.S. Employer

of Incorporation File Number)   Identification No.)

5 N. Lincoln Street, Keene, NH 03431

(Address of Principal Executive Offices, and Zip Code)

(732) 741-4008  (Registrant's Telephone Number, Including Area Code)

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 (see General Instruction A.2.below):

[ ]  Written communication 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 communication pursuant to Rule 14d-2(b) under the

Exchange Act (17 CFR 240.14d-2(b))

[ ]  Pre-commencement communication pursuant to Rule 13e-4(c) under the

Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class      Trading Symbol(s) Name of each exchange on which registered

Units of Beneficial Interest   NRT     New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR Section 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR Section 240.12b-2).

Emerging growth company [ ]

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]

Item 2.02.    Results of Operations and Financial Condition.

On April 30, 2025, North European Oil Royalty Trust issued a press release via PR Newswire announcing the Trust's distribution for the second quarter of fiscal 2025. 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 30, 2025 and disseminated through PR Newswire announcing the distribution for North European Oil Royalty Trust for the second quarter of fiscal 2025.

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)

/s/ John R. Van Kirk

John R. Van Kirk

Managing Director

May 5, 2025

Exhibit 99

PR NEWSWIRE

NORTH EUROPEANOIL ROYALTY TRUST ANNOUNCES THE DISTRIBUTION FOR THE SECOND QUARTER OFFISCAL 2025

Keene, N.H.  April 30, 2025 -  The Trustees of North European Oil Royalty Trust (NYSE-NRT) announced today a distribution of $0.20 per unit for the second quarter of fiscal 2025. This distribution amount matches the $0.20 distribution for the second quarter of fiscal 2024 and is an increase from the $0.04 distribution for the first quarter of fiscal 2025. The $0.20 distribution for the second quarter of fiscal 2025 is payable on May 28, 2025 to owners of record on May 16, 2025.

The Trust receives its royalties under the Mobil and OEG Royalty Agreements as detailed in the 2024 10-K on the Trust's website. In accordance with the agreements, the Trust's monthly royalty payments are paid based on the amount of royalties payable to the Trust in the prior quarter. For the quarter ending April 30, 2025, the increase in the distribution compared to this year's first fiscal quarter, reflects both higher prices and a reduced negative adjustment carryover. At the end of the second quarter of fiscal 2025, there were positive adjustments of $73,451 under the Mobil Agreement and $97,508 under the OEG Agreement. A payment of the Mobil sulfur royalty totaling $57,240 was also received. End of quarter royalty adjustments result from the need to align scheduled royalty payments with actual royalties owed to the Trust by the operating companies. Additional details will be available in the Trust's 10-Q filing at the Trust's website, shown below, or through the SEC's EDGAR website on or about May 30, 2025.

Contact - John R. Van Kirk, Managing Director, telephone: (732) 741-4008, email: jvankirk@neort.com. The Trust's press releases, tax information, SEC filings and other information are available on the Trust's website: www.neort.com.

Forward-Looking Statements

This press release may contain forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Such statements address future expectations and events or conditions concerning the Trust, such as statements concerning future gas prices, royalty payments and cash distributions. Many of these statements are based on information provided to the Trust by the operating companies or by consultants using public information sources, are difficult to predict, and are generally beyond the control of the Trust. These statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated in any forward-looking statements. These include: the fact that the assets of the Trust are depleting assets and, if the operators developing the concession do not perform additional development projects, the assets may deplete faster than expected; risks and uncertainties concerning levels of gas production and gas sale prices, general economic conditions, and currency exchange rates; the ability or willingness of the operating companies to perform under their contractual obligations with the Trust; potential disputes with the operating companies and the resolution thereof; and political and economic uncertainty arising from Russia's invasion of Ukraine. Any forward-looking statement speaks only as of the date on which such statement is made, and the Trust does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made.