NRT declares $0.25/unit Q1 distribution, up 525% from $0.04 YoY; cumulative 12-month $0.68

NORTH EUROPEAN OIL ROYALTY TRUST

Q1 FY2022 distribution of $0.25/unit payable Feb 23, 2022 to record Feb 11, 2022.
Distribution up 525% YoY ($0.21 increase) on higher gas prices/sales and $973,794 prior-quarter adjustments.
Mobil Agreement royalties $1,618,746 (+204% YoY) on 4.105 Bcf at 3.0604 Ecents/kWh.
OEG Agreement royalties $778,969 (+303% YoY) on 13.970 Bcf at 3.1210 Ecents/kWh.
Cumulative 12-month distribution $0.68/unit, up 142.86% from $0.28.

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