UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1) *
PYR Energy Corporation
(Name of Issuer)
Common Stock, No Par Value Per Share
(Title of Class of Securities)
693677106
(CUSIP Number)
Gilbert H. Davis, Esq.
Sims Moss Kline & Davis LLP
400 Northpark Town Center, Suite 310
1000 Abernathy Road, N.E.
Atlanta, Georgia 30328
(770) 481-7200
(Name, Address and Telephone Number of Persons
Authorized to Receive Notices and Communications)
February 14, 2000
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement
on Schedule 13G to report the acquisition which is the
subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), Rule 13d-1(f) or
Rule 13d-1(g), check the following box [ ].
13D
CUSIP No. 693677106
1 NAME OF REPORTING PERSON:
Thomas E. Claugus
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X] (b) [ ]
3 SEC USE ONLY
4 SOURCE OF FUNDS: PF, OO
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
6 CITIZENSHIP OR PLACE OF ORGANIZATION: United States
NUMBER OF 7 SOLE VOTING POWER: 55,270
SHARES
BENEFICIALLY 8 SHARED VOTING POWER: 673,280
OWNED BY
EACH 9 SOLE DISPOSITIVE POWER: 55,270
REPORTING
PERSON 10 SHARED DISPOSITIVE POWER: 673,280
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON: 728,550
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
4.6%
14 TYPE OF REPORTING PERSON: IN
13D
CUSIP No. 693677106
1 NAME OF REPORTING PERSON: Bay Resource Partners, L.P.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X] (b) [ ]
3 SEC USE ONLY
4 SOURCE OF FUNDS: WC, OO
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
6 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware
NUMBER OF 7 SOLE VOTING POWER: NONE
SHARES
BENEFICIALLY 8 SHARED VOTING POWER: 355,150
OWNED BY
EACH 9 SOLE DISPOSITIVE POWER: NONE
REPORTING
PERSON 10 SHARED DISPOSITIVE POWER: 355,150
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON: 355,150
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
2.2%
14 TYPE OF REPORTING PERSON: PN
13D
CUSIP No. 693677106
1 NAME OF REPORTING PERSON: Bay Resource Partners Offshore
Fund, Ltd.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X] (b) [ ]
3 SEC USE ONLY
4 SOURCE OF FUNDS: WC, OO
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
6 CITIZENSHIP OR PLACE OF ORGANIZATION: Cayman Islands
NUMBER OF 7 SOLE VOTING POWER: NONE
SHARES
BENEFICIALLY 8 SHARED VOTING POWER: 133,810
OWNED BY
EACH 9 SOLE DISPOSITIVE POWER: NONE
REPORTING
PERSON 10 SHARED DISPOSITIVE POWER: 133,810
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON: 133,810
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES* [ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 0.8%
14 TYPE OF REPORTING PERSON: CO
13D
CUSIP No. 693677106
1 NAME OF REPORTING PERSON: GMT, Inc.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X] (b) [ ]
3 SEC USE ONLY
4 SOURCE OF FUNDS: WC, OO
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
6 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware
NUMBER OF 7 SOLE VOTING POWER: NONE
SHARES
BENEFICIALLY 8 SHARED VOTING POWER: 184,320
OWNED BY
EACH 9 SOLE DISPOSITIVE POWER: NONE
REPORTING
PERSON 10 SHARED DISPOSITIVE POWER: 184,320
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON: 184,320
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 1.2%
14 TYPE OF REPORTING PERSON: CO
Item 1. Security and Issuer.
Pursuant to Rule 13d-2(a) of Regulation 13D-G of
the General Rules and Regulations under the Securities
Exchange Act of 1934, as amended (the "Act"), the
undersigned hereby amend their Schedule 13D Statement
dated May 14, 1999 relating to the $.001 par value common
stock of PYR Energy Corporation (the "Company") (such
initial Schedule 13D shall hereinafter be referred to as
the "Statement"). Unless otherwise indicated, all
defined terms used in this Amendment No. 1 to the
Statement (this "Amendment") shall have the same meanings
as those set forth in the Statement. There has been no
material change in the information included in the
Statement except as regards the information contained in
Item 5 of the Statement, which is supplemented as set
forth below. Because the undersigned beneficially own
less than 5.0% of the Company=s common stock at this time,
no further amendments will be filed to the Statement
unless and until the undersigned again own 5.0% or more
of the Company=s outstanding common stock.
Item 5. Interest in Securities of the Issuer.
As the result of sales of Company stock by the
parties filing this Statement, Mr. Claugus may now be
deemed to be the beneficial owner of a total of 728,550
shares of the Company stock, representing approximately
4.6% of the issued and outstanding shares of the
Company, under the rules and regulations of the
Securities and Exchange Commission. Of these shares,
355,150 shares (approximately 2.2% of outstanding shares)
are owned directly by Bay Onshore, 133,810 shares
(approximately 0.8% of outstanding shares) are owned
directly by Bay Offshore, 184,320 shares (approximately
1.2% of outstanding shares) are owned directly by GMT,
Inc., and 55,270 shares (approximately 0.8% of
outstanding shares) are owned by Mr. Claugus in his
regular and individual retirement accounts. Mr. Claugus
currently has sole power to direct the voting and
disposition of all shares held by the Claugus Group.
The percentages of outstanding shares of the
Company stock set out in the preceding paragraph are
computed based on a total of 15,947,764 outstanding
shares of Company stock as of January 27, 2000 as
indicated in the Company=s amended Annual Report on Form
10-KSB/A1 for the fiscal year ended August 31, 1999.
During the past 60 days, the parties filing this
Statement have engaged in the following transactions in
shares of the Company stock in addition to those
disclosed in the original Statement:
No. Of Shares Price
Date Party Purchased/(Sold) Per Share
12/20/99 Bay Onshore (3,000) $3.9798
12/30/99 Bay Onshore (500) $4.3148
12/31/99 Bay Onshore (500) $4.4398
01/11/00 Bay Onshore (3,150) $3.9798
01/26/00 Bay Onshore (4,900) $3.6048
01/27/00 Bay Onshore (4,900) $3.3548
02/01/00 Bay Onshore (4,500) $3.2923
02/04/00 Bay Onshore (5,000) $3.3773
02/07/00 Bay Onshore (4,800) $3.3548
02/09/00 Bay Onshore (5,000) $3.2923
02/11/00 Bay Onshore (4,900) $3.1606
12/20/99 Bay Offshore (3,000) $3.9798
01/11/00 Bay Offshore (1,890) $3.9798
01/26/00 Bay Offshore (1,900) $3.6048
01/27/00 Bay Offshore (1,900) $3.3548
02/01/00 Bay Offshore (3,000) $3.2923
02/04/00 Bay Offshore (2,000) $3.3773
02/07/00 Bay Offshore (2,500) $3.3548
02/09/00 Bay Offshore (3,000) $3.2923
02/11/00 Bay Offshore (1,800) $3.1606
12/20/99 GMT Inc. (3,000) $3.9398
01/11/00 GMT Inc. ( 630) $3.9522
01/26/00 GMT Inc. (2,500) $3.6048
01/27/00 GMT Inc. (2,500) $3.355
02/01/00 GMT Inc. (2,000) $3.2923
02/04/00 GMT Inc. (2,000) $3.3773
02/07/00 GMT Inc. (1,800) $3.3548
02/09/00 GMT Inc. (1,000) $3.2823
02/11/00 GMT Inc. (2,500) $3.1606
12/20/99 Claugus (3,000) $3.94
12/27/99 Claugus ( 400) $3.9248
01/11/00 Claugus ( 630) $3.9522
01/26/00 Claugus ( 700) $3.595
01/27/00 Claugus ( 700) $3.3548
02/01/00 Claugus ( 500) $3.2523
02/04/00 Claugus (1,000) $3.3773
02/07/00 Claugus ( 900) $3.3415
02/09/00 Claugus (1,000) $3.2823
02/11/00 Claugus ( 800) $3.1529
Each of the above transactions was effected on the open
market through the American Stock Exchange. No other
person listed in response to Item 2 above owns
beneficially any shares of the Company stock except as
set forth herein.
Signatures
After reasonable inquiry and to the best of my
knowledge and belief, I certify that the information set
forth in this statement is true, complete and correct.
Date: Feb. 16, 2000 /s/ Thomas E. Claugus
Thomas E. Claugus
BAY RESOURCE PARTNERS, L.P.
By: GMT Capital Corp.,
General Partner
Date: Feb. 16, 2000 By: /s/ Thomas E. Claugus
Thomas E. Claugus,
President
Bay Resource Partners Offshore, Ltd.
Date: Feb. 16, 2000 By: /s/ Thomas E. Claugus
Thomas E. Claugus, Director
GMT, INC.
Date: Feb. 16, 2000 By: /s/ Thomas E. Claugus
Thomas E. Claugus, President
