SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 17, 2000
PYR Energy Corporation
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(Exact name of registrant as specified in its charter)
Delaware 0-20879 95-4580642
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(State or other jurisdiction (Commission File (IRS Employer
of incorporation) Number) Identification No.)
1675 Broadway, Suite 1150, Denver, Colorado 80202
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (303) 825-3748
<PAGE>
Item 5. Other Events.
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Press Release. The press release of the Registrant dated April 12, 2000,
which is filed as an exhibit hereto, is incorporated herein by reference.
Item 7. Financial Statements And Exhibits.
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(c) Exhibits.
Exhibit Index
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Exhibit
Number Description
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99.1 Press release dated April 12, 2000.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: April 17, 2000 PYR ENERGY CORPORATION
By: /s/ Andrew P. Calerich
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Andrew P. Calerich
Chief Financial Officer
EXHIBIT 99.1
On April 12, 2000, the Registrant issued the following press release:
"PYR ENERGY PROVIDES OPERATOR'S UPDATE AT EAST LOST HILLS.
DENVER -- PYR Energy Corporation (AMEX: PYR) reports the following update
at East Lost Hills has been released by the operator, Berkley Petroleum Corp.
(TSE:BKP):
"Berkley East Lost Hills No. 1 has reached a depth of 19,724 feet and a
production liner will be run to total depth. The current status for Berkley No.
1 is a potential gas well.
The current open hole section, extending from 18,280 feet to total depth,
has been wireline logged. A total of 2,474 feet of the Temblor Formation was
penetrated by Berkley No. 1, with a net sand interval of 1,410 feet. Net
hydrocarbon pay within this interval will be determined via production testing.
Natural gas and condensate has been flared from the current open hole
section on four separate occasions while drilling with mud weights in excess of
17 pounds per gallon.
Mechanical preparation of the wellbore for the production test will
commence immediately. Production testing is expected to commence in May and
operations will extend for approximately four weeks.
Two step out wells, Berkley East Lost Hills No. 2 sec 36-25S-20E, and
Berkley East Lost Hills No. 3 sec 20-26S-21E will spud in the next two months."
PYR owns a 10.575% working interest in the East Lost Hills Area of Mutual
Interest ("AMI").
PYR Energy Corporation is a natural gas and oil exploration company with
activities primarily focused on deep natural gas exploration in the San Joaquin
Basin of California and in select areas of the Rocky Mountains. Additional
information about PYR Energy Corporation can be accessed via website at
www.pyrenergy.com.
# # #
This release contains forward-looking statements regarding PYR Energy
Corporation's future plans and expected performance based on assumptions the
Company believes to be reasonable. A number of risks and uncertainties could
cause actual results to differ materially from these statements, including,
without limitation, the success rate of exploration efforts and the timeliness
of development activities, fluctuations in oil and gas prices, and other risk
factors described from time to time in the Company's reports filed with the SEC.
In addition, the Company operates in an industry sector where securities values
are highly volatile and may be influenced by economic and other factors beyond
the Company's control."
