<SEC-DOCUMENT>0000072633-25-000011.txt : 20251103
<SEC-HEADER>0000072633-25-000011.hdr.sgml : 20251103
<ACCEPTANCE-DATETIME>20251103145658
ACCESSION NUMBER:		0000072633-25-000011
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20251031
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20251103
DATE AS OF CHANGE:		20251103

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:		251443602

	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
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<TYPE>8-K
<SEQUENCE>1
<FILENAME>ek110325.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;October 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>&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 October 31, 2025, North European Oil Royalty Trust issued a press
release via Cision PR Newswire announcing the distribution for the
fourth quarter of fiscal 2025.  Furnished herewith is a copy of the
press release, which is incorporated by reference herein.</p><blockquote></div>

<br><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="x99-103125.htm">
Exhibit 99</a>.&nbsp;&nbsp&nbsp;  A press release
dated October 31, 2025 and disseminated through Cision PR Newswire
announcing the distribution for North European Oil
Royalty Trust for the fourth quarter of fiscal 2025.</p></blockquote></div>
<br><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></br>
<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">November 3, 2025

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<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>x99-103125.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 FOURTH QUARTER OF
FISCAL 2025</strong></center></HEAD></p>
<BODY>
<p align="left">Keene, N.H. October 31, 2025 - The Trustees of
North European Oil Royalty Trust (NYSE-NRT) announced today a
quarterly distribution of $0.31 per unit for the fourth quarter of
fiscal 2025, payable on November 26, 2025 to owners of record on
November 14, 2025.  This compares to a distribution of $0.02 per
unit for the fourth quarter of fiscal 2024.<p>

<p align="left">In accordance with the agreements between the Trust
and the operating companies, the Trust's monthly scheduled royalty
payments are paid based on the amount of royalties that were payable
to the Trust in the prior calendar quarter.  Adjustments to the
scheduled payments occur when scheduled payments differ from actual
results.  The significant increase in the year-over-year fourth
quarter distribution results primarily from the lack of negative
adjustments. The large carry over negative adjustments from both the
third quarter of fiscal 2024 and the calendar 2023 negative adjustment
totaling $3,395,332 impacted the 2024 fourth quarter distribution.
For the quarter ending October 31, 2025, there was a small negative
adjustment of $10,152 from the prior quarter.  Further details will be
available in the 10-K scheduled to be released on or about December
31, 2025.  </p>

<p align="left">The cumulative 12-month distribution, which includes
the November 2025 distribution and the three prior quarterly
distributions, is $0.81 per unit.  This 12-month cumulative
distribution is 69%, or $0.33 per unit, higher than the prior
12-month distribution of $0.48 per unit.  The Trust makes quarterly
distributions to unit owners during the months of February, May,
August, and November.<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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