UNITED STATES
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): June 8, 2007 (June 4, 2007)
PYR ENERGY CORPORATION
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(Exact name of registrant as specified in its charter)
MARYLAND 001-15511 95-4580642
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(State or other (Commission File Number) (IRS Employer
jurisdiction Identification No.)
of incorporation)
1675 BROADWAY, SUITE 2450, DENVER, COLORADO 80202
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (303) 825-3748
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Not Applicable
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(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
[_] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[_] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[_] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[_] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
ITEM 5.02. DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS;
APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF
CERTAIN OFFICERS.
On April 23, 2007, PYR Energy Corporation ("Company"), Samson Investment
Company ("Samson") and Samson Acquisition Corp., a wholly owned subsidiary of
Samson ("Acquisition Corp.") entered into an Agreement and Plan of Merger
(the "Merger Agreement").
Pursuant to the Merger Agreement, Samson is entitled to designate a number of
directors to the Company's board of directors reflecting Samson's percentage
ownership of the outstanding shares of Company common stock.
On June 4, 2007, Mr. Daniel, a designee of Samson, resigned as a director of the
Company's board of directors. On June 8, 2007, pursuant to the Merger Agreement
as described in the paragraph above, Scott Rowland was designated by Samson and
appointed to the Company's board of directors.
As set forth in the Company's Form 8-K filed with the Securities and Exchange
Commission on June 1, 2007, Mr. Rowland was appointed Vice President of the
Company on May 30, 2007. Samson and Acquisition Corp. have advised the Company
that neither Mr. Rowland nor or any of his affiliates (i) has a familial
relationship with any directors or executive officers of the Company, or (ii)
has been involved in any transactions with the Company or any of its directors,
officers or affiliates which are required to be disclosed pursuant to the rules
and regulations of the Securities and Exchange Commission.
Mr. Daniel did not state that his resignation related to any disagreement
relating to the Company's operations, policies or practices.
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SIGNATURES
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 thereunto duly authorized.
June 8, 2007 PYR ENERGY CORPORATION
By: /s/ C. Philip Tholen
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C. Philip Tholen
Chief Executive Officer, President
and Chief Financial Officer
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