Attached files
-4-
Exhibit 99.1
PR NEWSWIRE
NORTH EUROPEAN OIL ROYALTY TRUST ANNOUNCES
THE APPOINTMENT OF A NEW TRUSTEE
Red Bank, N.J. June 6, 2017 -- North European Oil Royalty Trust (NYSE-NRT)
(the "Trust") reported that the Trustees of North European Oil Royalty Trust
have appointed Ahron H. Haspel as a Trustee following the previously reported
resignation of Rosalie J. Wolf from the Board of Trustees.
The Trustees have determined that Mr. Haspel meets the independence standards
of the rules of the New York Stock Exchange and will serve on the Audit
Committee and the Compensation Committee of the Trustees of North European
Oil Royalty Trust.
Ahron H. Haspel is an investor, a private attorney and a certified public
accountant. He currently serves on the Board of Directors of Hanover
Community Bank in New Hyde Park, New York, where he is Chairman of the Audit
Committee. He is a retired partner of the Jones Day law firm and was a
partner with the audit firm of KPMG LLC for 28 years where he served in
various leadership positions including as a member of its Board of Directors.
For further information, contact John R. Van Kirk, Managing Director, at
(732) 741-4008 or via e-mail at jvankirk@neort.com. The text of the Trust's
press releases along with other pertinent information is available on the
Trust's website: www.neort.com
