2 Followers USX:NRT - North European Oil Royalty Trust North European Oil Royalty Tru
Sector: Energy, Industry: Oil & Gas Exploration & Production
Next Earnings: 10 May 2024
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USD 5.84    -0.13 (-2.18%)

27 Mar 2024


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General

CEO: Mr. John R. Van Kirk

IPO: 1987-12-30

Headquarters: US

Employees: 2

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Description

North European Oil Royalty Trust holds overriding royalty rights covering gas and oil production in certain concessions or leases in the Federal Republic of Germany. The properties of the trust are overriding royalty rights on sales of gas, sulfur, and oil under certain concessions or leases in the Federal Republic of Germany. The trust also holds other royalty rights, which are based on leases. It receives various percentages of royalties on the proceeds of the sales of certain products from the areas involved.

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