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Benj Gallander North European Oil Royalty Trust NRT-N TOP PICK Oct 23, 2019

Based in New York and operates in Germany. Royal Dutch Shell and ExxonMobil do the drilling and they earn a royalty. They have 9 years in reserves and Vermilion has an option to drill three wells. Yield 14.87%

Benj Gallander

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oil gas

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TOP PICK

They have German oil production. A play on higher commodity prices -- revenues will improve and costs will fall. Yield 12.5%

TOP PICK

An oil play that is a royalty trust. Based in the US, from operations with Exxon and Royal Dutch Shell in Germany. They look for oil and gas and get a spin off from the revenues. He thinks it could go up a long way from here. One negative is if their reserve life drops sharply. Yield 11.9%

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Benj Gallander North European Oil Royalty Trust NRT-N TOP PICK Oct 23, 2019

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North European Oil Royalty Trust(NRT-N)

North European Oil Royalty Trust(NRT-N)

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