<SEC-DOCUMENT>0000072633-25-000007.txt : 20250801
<SEC-HEADER>0000072633-25-000007.hdr.sgml : 20250801
<ACCEPTANCE-DATETIME>20250801065354
ACCESSION NUMBER:		0000072633-25-000007
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20250731
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20250801
DATE AS OF CHANGE:		20250801

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NORTH EUROPEAN OIL ROYALTY TRUST
		CENTRAL INDEX KEY:			0000072633
		STANDARD INDUSTRIAL CLASSIFICATION:	OIL ROYALTY TRADERS [6792]
		ORGANIZATION NAME:           	01 Energy & Transportation
		EIN:				222084119
		STATE OF INCORPORATION:			NH
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08245
		FILM NUMBER:		251173618

	BUSINESS ADDRESS:	
		STREET 1:		P O BOX 187
		STREET 2:		5 N. LINCOLN STREET
		CITY:			KEENE
		STATE:			NH
		ZIP:			03431
		BUSINESS PHONE:		7327414008

	MAIL ADDRESS:	
		STREET 1:		P O BOX 187
		STREET 2:		5 N. LINCOLN STREET
		CITY:			KEENE
		STATE:			NH
		ZIP:			03431
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>ek080125.htm
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<h2 style="margin: 20px 0px 0px 0px"><center>UNITED STATES
<center>SECURITIES AND
EXCHANGE COMMISSION</center></h2>
<h3 style="margin: 0px 0px 0px 0px"><center>WASHINGTON,
DC 20549</center></h3>

<div><hr color="000000" size="1"></div>
<h2><center>FORM 8-K</center></h2>

<div><hr color="000000" size="1"></div>

<p style="margin: 20px 0px 0px 0px"><center><b>CURRENT REPORT
<p style="margin: 0px 0px 0px 0px"><center>Pursuant to Section 13
or 15(d) of the</center>
<center>Securities Exchange Act of 1934</b></center></p>
</HEAD>
<BODY>
<p><center><b>Date of report (Date of earliest event reported):
<u>&emsp;July 31, 2025&emsp;</u></b></center></p>

<div><hr color="000000" size="1"></div>

<h2 style="margin: 20px 0px 0px 0px"><center>NORTH EUROPEAN OIL
ROYALTY TRUST</center></h2>
<p style="margin: 0px 0px 0px 0px"><center>(Exact Name of
Registrant as Specified in Charter)</center></p>

<div><hr color="000000" size="1"></div>

<p align="left"><p style="margin: 20px 0px 0px 0px">
<u>&emsp;&emsp;&emsp;Delaware&emsp;&emsp;&emsp;
</u>&emsp;&emsp;&emsp;&emsp;<u>&emsp;
&emsp;1-8245&emsp;&emsp;</u>&emsp;&emsp;
&emsp;<u>&emsp;&emsp;22-2084119&emsp;&emsp;</u></p>

<p align="left" style="margin: 0px 0px 0px 35px">State
or Other Jurisdiction&emsp;&emsp;&emsp;&emsp;(Commission&emsp;
&emsp;&emsp;&emsp;&emsp;(I.R.S. Employer</p>

<p align="left" style="margin: 0px 0px 0px 70px">of Incorporation
&emsp;&emsp;&emsp;&emsp;&emsp;&emsp;File Number)&emsp;&emsp;
&emsp;&emsp;&nbsp;Identification No.)</p>

<p><center><u>&emsp;&emsp;&emsp;5 N. Lincoln Street,
Keene, NH 03431&emsp;&emsp;&emsp;</center></u>

<center>(Address of Principal Executive Offices, and Zip Code)</center></p>
<p><center><u>&emsp;(732) 741-4008&emsp;</center></u>
<center>(Registrant's Telephone Number, Including Area Code)</center></p>


<p><p align="left">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):</p>
<p align="left">&emsp;[&emsp;]&nbsp;&nbsp;Written communication
pursuant to Rule 425 under the Securities Act <br>
&emsp;&emsp;&emsp;(17 CFR 230.425)</p>
<p align="left">&emsp;[&emsp;]&nbsp;&nbsp;Soliciting material pursuant
to Rule 14a-12 under the Exchange Act <br>
&emsp;&emsp;&emsp;(17 CFR 240.14a-12)</p>
<p align="left">&emsp;[&emsp;]&nbsp;&nbsp;Pre-commencement
communication pursuant to Rule 14d-2(b) under the <br>
&emsp;&emsp;&emsp;&nbsp;Exchange Act (17 CFR 240.14d-2(b))</p>
<p align="left">&emsp;[&emsp;]&nbsp;&nbsp;Pre-commencement
communication pursuant to Rule 13e-4(c) under the <br>
&emsp;&emsp;&emsp;&nbsp;Exchange Act (17 CFR 240.13e-4(c))</p>

<p align="left">Securities registered pursuant to Section 12(b) of
the Act:</p>

<div style="margin: 0px 0px 0px 0px">
<p align="left" style="margin: 0px 0px 0px 0px"><u>Title of each
class</u>&emsp;&emsp;&emsp;&nbsp;&nbsp;
<u>Trading Symbol(s)</u>&emsp;<u>Name of each exchange on which
registered</u></p><p align="left" style="margin: 0px 0px 0px 0px">Units
of Beneficial Interest&emsp;&emsp;&emsp;NRT&emsp;&emsp;&emsp;&emsp;
&emsp;&emsp;&emsp;New York Stock Exchange</div>

<p align="left">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).</p>

<p align="right">Emerging growth company [&emsp;]</p>

<p align="left">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.
[&emsp;]</p>

<p align="left">Item 2.02.&nbsp;&nbsp;&nbsp;&nbsp;<u>Results of
Operations and Financial Condition.</u></p>

<div align="left"><blockquote style="margin-left:80px">
<p>On July 31, 2025, North European Oil Royalty Trust issued a press
release via PR Newswire announcing the Trust's distribution for the
third quarter of fiscal 2025.  Furnished herewith is a copy of the
press release, which is incorporated by reference herein.</p><blockquote></div>

<p align="left">Item 9.01.&nbsp;&nbsp;&nbsp;&nbsp;<u>Financial
Statements and Exhibits.</u></p>
<div align="left"><blockquote style="margin-left:80px">(c) Exhibits</p>
<p align="left">The following exhibit is furnished herewith:</p>
<p align="left"><a style="-sec-extract:exhibit" href="x99-080125.htm">
Exhibit 99</a>.&nbsp;&nbsp&nbsp;  A press release
dated July 31, 2025 and disseminated through PR Newswire
announcing the distribution for North European Oil Royalty Trust
for the third quarter of fiscal 2025.</p></blockquote></div>

<p><u><center>SIGNATURES</u></center></p>
<p align="left">
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.</p>
<p style="margin: 0px 0px 0px 200px">
<u>NORTH EUROPEAN OIL ROYALTY TRUST</u>
<p style="margin: 0px 0px 0px 200px">
(Registrant)
<p style="margin: 30px 0px 0px 200px"><u> /s/ John R. Van Kirk </u>
<p style="margin: 0px 0px 0px 200px">John R. Van Kirk
<p style="margin: 0px 0px 0px 200px">&nbsp;&nbsp;&nbsp;Managing Director</p>
<p><p align="left">August 1, 2025
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<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>x99-080125.htm
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<HEAD><p align="left">Exhibit 99</HEAD></p>
<p><HEAD><p align="right" style="font-weight:normal">PR NEWSWIRE
</HEAD></p>
<p><HEAD><center><strong>NORTH EUROPEAN
OIL ROYALTY TRUST</strong></center>
<center><strong>ANNOUNCES THE DISTRIBUTION</strong></center>
<center><strong>FOR THE THIRD QUARTER OF
FISCAL 2025</strong></center></HEAD></p>
<BODY>
<p align="left">Keene, N.H.&nbsp;July 31, 2025 -
The Trustees of North European Oil Royalty Trust (NYSE-NRT)
announced today a quarterly distribution of $0.26 per unit for
the third quarter of fiscal 2025, payable on August 27, 2025 to
holders of record on August 15, 2025.  The distribution for the
third quarter of fiscal 2024 was $0.21 per unit.  Distributions
are based on actual royalty income received less incurred and
anticipated expenses.</p>

<p align="left">The Trust receives its royalties under the Mobil
and OEG Royalty Agreements as detailed in the 2024 10-K on the
Trust's website.  The Trust's scheduled monthly royalty payments
are paid based on the amount of royalties payable to the Trust
in the prior calendar quarter.  End-of-quarter royalty adjustments
result from the need to align scheduled royalty payments from the
operating companies with actual royalties that should have been
paid in the immediately preceding calendar quarter.  When actual
prices and volumes are reported, there will be a positive
reconciliation in the current fiscal quarter or a negative
reconciliation in the subsequent fiscal quarter.  At the end of
the third quarter of fiscal 2025, a combination of a negative
end-of-quarter adjustment and a positive Mobil sulfur royalty
payment resulted in a net royalty payment of $31,235.  The minor
negative adjustment of Euros 8,705 under the OEG Agreement will
be offset against the scheduled OEG royalty payments in the
Trust's fourth fiscal quarter of 2025.</p>

<p align="left">Scheduled royalty payments for the fourth quarter
of fiscal 2025 are estimated to be $2.6 million at the current
exchange rate of 1.1755.  The exchange rate on the date of
transfer of funds will determine actual royalty income.  Factors
not reflected in the calculation that will determine the
distribution may include a potential positive or negative royalty
adjustment for calendar 2024 in September and the end-of-quarter
royalty adjustment at the end of October 2025.  Additionally,
expenses in the quarter will be deducted from royalty income prior
to the calculation of the fourth fiscal quarter's distribution.
Further 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 August 29, 2025. </p>

  <p align="left"> 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.</p>

<p align="left">Forward-Looking Statements</p>

<p align="left">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.</p>

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