The North European Oil Royalty Trust (NEORT) functions as a grantor trust, possessing overriding royalty interests tied to petroleum and natural gas extraction from various licensed areas and concessions within Germany. These rights stem from agreements with the German exploration and development divisions of major energy firms, specifically ExxonMobil Corporation and the Royal Dutch/Shell Group. The trust earns royalties from the sale of a range of hydrocarbon products, including natural gas from gas wells, associated gas from oil wells, crude petroleum, condensate, and sulfur. Its administrative headquarters are situated in Keene, New Hampshire.
Sector: Oil Royalty Traders
Industry: Oil & Gas Exploration & Production
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based on 9.19M shares outstanding
USThe North European Oil Royalty Trust (NEORT) functions as a grantor trust, possessing overriding royalty interests tied to petroleum and natural gas extraction from various licensed areas and concessions within Germany. These rights stem from agreements with the German exploration and development divisions of major energy firms, specifically ExxonMobil Corporation and the Royal Dutch/Shell Group. The trust earns royalties from the sale of a range of hydrocarbon products, including natural gas from gas wells, associated gas from oil wells, crude petroleum, condensate, and sulfur.
Its administrative headquarters are situated in Keene, New Hampshire.
Nancy J. Floyd Prue
Interim MD & Managing Trustee
Employees
2
Country
US
Sector
Energy
Website
neort.com
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based on 9.19M shares outstanding
US30d Avg
23.52K
60d Avg
34.82K
90d Avg
39.01K
