North European Oil Royalty Trust

North European Oil Royalty Trust is a grantor trust that holds overriding royalty rights on gas and oil production in various concessions or leases in the Federal Republic of Germany. It also holds rights under contracts with German exploration and development subsidiaries of ExxonMobil Corp. and the Royal Dutch/Shell Group of Companies. The trust receives royalties from the sale of gas well gas, oil well gas, crude oil, condensate, and sulfur. Founded in 1975, it is based in Keene, New Hampshire.