-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, GvxK7IfbI/BRcXRKESvbk3Tc7//soo6MXbYrpQvvJkPRg/t6pqaJClHl1wTuPcSk neEV22Wfc2/o4A+YXTwO3g== 0001050502-98-000401.txt : 19981125 0001050502-98-000401.hdr.sgml : 19981125 ACCESSION NUMBER: 0001050502-98-000401 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19981124 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19981124 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PYR ENERGY CORP CENTRAL INDEX KEY: 0001016289 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 954580642 STATE OF INCORPORATION: DE FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-20879 FILM NUMBER: 98758224 BUSINESS ADDRESS: STREET 1: 1675 BROADWAY STREET 2: STE 1150 CITY: DENVER STATE: CO ZIP: 80202 BUSINESS PHONE: 3038253748 MAIL ADDRESS: STREET 1: 17337 VENTURA BOULEVARD STREET 2: SUITE 224 CITY: ENCINO STATE: CA ZIP: 91316 FORMER COMPANY: FORMER CONFORMED NAME: MAR VENTURES INC DATE OF NAME CHANGE: 19960606 8-K 1 FORM 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): November 24, 1998 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 November 24, 1998, 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 November 24, 1998. 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: November 24, 1998 PYR ENERGY CORPORATION By: /s/ Andrew P. Calerich ------------------------------ Andrew P. Calerich Chief Financial Officer EX-99.1 2 EXHIBIT 99.1 EXHIBIT 99.1 On November 24, 1998, the Registrant issued the following press release: PYR ENERGY REPORTS WELL BLOWOUT IN CALIFORNIA --------------------------------------------- DENVER - PYR Energy Corporation (OTCBB-PYRX) reports a blow out to the Bellevue No. 1 exploration well in Kern County California. The operator, Elk Point Resources (TSE:ELK.) reports that the East Lost Hills Bellevue No. 1 well blew out and ignited at about 8:30 p.m. PST on Monday, November 23. All seventeen rig workers and crew were safely evacuated from the well site which is located 45 miles northwest of Bakersfield, California. An expert well control team, Boots and Coots Inc. from Houston, arrived on the scene at about 3 a.m. PST this morning. Onsite personnel indicate that the fire is contained to the rig site and does not threaten any residents. An emergency response plan remains in effect. PYR Energy owns an approximate 10.5% working interest in the well. Based on information currently available, the Company believes they have adequate insurance coverage for the blow out, well control, pollution, evacuation and loss and removal of the rig, as well as for the drilling of any relief wells and any re-drilling operations. The Company and the other working interest owners are presently attempting to evaluate all direct and indirect damage caused by the blowout. The Bellevue #1 well was spud on May 15, 1998 to test prospective Miocene sandstone reservoirs in the Temblor Formation. The well had been drilled to approximately 17,600 feet toward a total depth of 19,000 feet. Further news releases pertaining to the East Lost Hills Bellevue No. 1 Well will be issued as new developments arise. PYR Energy Corporation applies advanced 3-D seismic and computer-aided exploration technologies to systematically explore for and exploit onshore oil and natural gas accumulations in the western United States. # # # 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." -----END PRIVACY-ENHANCED MESSAGE-----