8-K

                       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): January 28, 2000



                             PYR Energy Corporation
              ----------------------------------------------------
             (Exact name of registrant as specified in its charter)



            Delaware                   0-20879                  95-4580642
            --------                   -------                  ----------
(State or other jurisdiction      (Commission File             (IRS Employer
      of incorporation)                Number)              Identification No.)



                1675 Broadway, Suite 1150, Denver, Colorado 80202
                -------------------------------------------------
               (Address of principal executive offices) (Zip Code)



        Registrant's telephone number, including area code (303) 825-3748







Item 5. Other Events.
        -------------

     Press Release.  The press release of the Registrant dated January 27, 2000,
which is filed as an exhibit hereto, is incorporated herein by reference.


Item 7.  Financial Statements And Exhibits.
         ----------------------------------

     (c) Exhibits.

                                  Exhibit Index
                                  -------------

Exhibit
Number   Description
- ------   -----------

99.1     Press release dated January 27, 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:  January 28, 2000                    PYR ENERGY CORPORATION



                                           By: /s/  Andrew P. Calerich
                                               ---------------------------------
                                               Andrew P. Calerich
                                               Chief Financial Officer

EX-99.1

                                  EXHIBIT 99.1


On January 27, 2000, the Registrant issued the following press release:


  " PYR ENERGY REPORTS OPERATIONS UPDATE ON ACTIVITIES IN THE SAN JOAQUIN BASIN
  -----------------------------------------------------------------------------

     DENVER -- PYR Energy Corporation  (AMEX:PYR) reports the following news has
been released by Berkley Petroleum Corporation (BKP.T) of Calgary:

"Cal Canal
The Berkley Cal Canal #1 well  penetrated  1,230 feet of Temblor  formation with
775 feet of net sand,  and was drilled to a total depth of 18,100 feet. The well
completion commenced on January 20, 2000. Non commercial  hydrocarbon flow rates
were  obtained from the initial  perforated 10 foot zone in the lower  McDonald.
Several additional zones remain to be tested in the Temblor,  McDonald and upper
McDonald.  Partners have decided to defer further completion or deepening of the
existing well bore until information regarding reservoir quality and performance
is obtained from on-going drilling efforts in the San Joaquin basin."

"Regional San Joaquin Venture
The partnership has recently  completed two 2D seismic  programs of 120 miles as
well as acquired  considerable  additional trade seismic data. Current plans are
to spud the next regional San Joaquin Joint  Venture  exploration  well by third
quarter 2000."

"East Lost Hills
The  Bellevue  1-17R well was  production  tested in December  and flowed gas at
rates ranging between 1.3 and 5.0 MMCFPD. Condensate and water was also obtained
during the test.  Pressure build-up  analysis  indicated that only the uppermost
sand unit  encountered  in 1-17R was  contributing  to the flow.  The uncemented
production liner in 1-17R makes  stimulation  efforts very difficult,  hence the
partners  have  decided to review the options of either a sidetrack  of 1-17R to
redrill the Temblor section, or drill a new well from surface."

"The East Lost Hills  Berkley #1 well is  currently  at a depth of 18,237  feet,
approximately  1,000 feet into the Temblor  formation.  Four separate sand units
with  approximately  720  feet  of  net  sand  have  been  penetrated.  Steadily
increasing  gas shows have been  encountered  to date in Berkley #1. Total depth
remains at 20,000 feet, and is expected to be reached in  approximately 30 days.
It is  expected  that  an  intermediate  casing  string  will  be run  prior  to
completion to total depth.  Plans are  currently  being put in place to drill an
additional  2 wells  at East  Lost  Hills  with  both  wells  spudding  prior to
mid-year."

     In  addition,  PYR adds  the  following  information  with  respect  to its
interests' in their San Joaquin Basin projects:





     PYR Energy owns a 3.75% `carried through the tanks' working interest in the
Cal Canal  exploration  well. As such, PYR has no capital costs  associated with
the drilling and ongoing  completion of the well.  "While we are disappointed in
the initial  evaluation  at Cal Canal,  we remain  focused on the  potential and
current drilling activity at East Lost Hills", said Scott Singdahlsen, president
of PYR.  "We do not feel that the initial  results at Cal Canal impact our other
deep Temblor activities nor change the potential of the East Lost Hills trend."

     PYR owns a 10.575%  working  interest in the East Lost Hills Area of Mutual
Interest  ("ELH-AMI") with all of the interest being capital cost bearing in the
currently  drilling  Berkley #1 well.  In  addition,  PYR has a 10.575%  working
interest in Bellevue 1-17R well with a 4.1% capital cost bearing  interest and a
6.475%  interest  that is carried  through  the tanks.  PYR has  additional  San
Joaquin Basin projects that are based upon on-going  geological and  geophysical
analysis.  PYR  controls  100% of  approximately  25,000  additional  acres  and
controls  30% of  approximately  3,800  acres on trend  with the East Lost Hills
feature outside of the existing ELH 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.


                                      # # #

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."