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<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">UNITED STATES<BR>SECURITIES
AND EXCHANGE COMMISSION</FONT></FONT> </P>

<!-- MARKER FORMAT-SHEET="Para Center" -->
<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">Washington,
D.C.  20549</FONT></FONT> </P>



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<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="4"><B>FORM 8-K</B></FONT></FONT> </P>

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<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="4"><B>CURRENT REPORT</B></FONT></FONT> </P>

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<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">Pursuant to
Section 13 or 15(d) of the Securities Exchange Act of 1934</FONT></FONT> </P>

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<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">Date of
Report (Date of earliest event reported):  February 8, 2007 (February 2, 2007)</FONT></FONT> </P>

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<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="5"><B>PYR Energy Corporation</B><BR></FONT></FONT>

<FONT SIZE="2">(Exact name of registrant as specified in its charter)</FONT> </P>

<TABLE cellSpacing=0 cellPadding=0 width=600 align=center>
  <TR vAlign=bottom>
    <TH colSpan=2><FONT face="Times New Roman, Times, Serif" size=2></FONT></TH>
    <TH colSpan=2><FONT face="Times New Roman, Times, Serif" size=2></FONT></TH>
    <TH colSpan=2><FONT face="Times New Roman, Times, Serif"
  size=2></FONT></TH></TR>
  <TR vAlign=bottom>
    <TD align=left width="37%"><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Maryland</B></FONT></TD>
    <TD align=left width="4%"><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;</FONT></TD>
    <TD align=left width="30%"><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>001-15511</B></FONT></TD>
    <TD align=left width="4%"><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;</FONT></TD>
    <TD align=left width="23%"><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>95-4580642</B></FONT></TD>
    <TD align=left width="2%"><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left><FONT face="Times New Roman, Times, Serif" size=2>(State or
      other jurisdiction</FONT></TD>
    <TD align=left><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;</FONT></TD>
    <TD align=left><FONT face="Times New Roman, Times, Serif"
      size=2>(Commission File Number)</FONT></TD>
    <TD align=left><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;</FONT></TD>
    <TD align=center><FONT face="Times New Roman, Times, Serif" size=2>(IRS
      Employer</FONT></TD>
    <TD align=left><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;of
      incorporation)</FONT></TD>
    <TD align=left><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;</FONT></TD>
    <TD align=left><FONT face="Times New Roman, Times, Serif"
size=2></FONT></TD>
    <TD align=left><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;</FONT></TD>
    <TD align=left><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Identification No.)</FONT></TD>
    <TD align=left><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;</FONT></TD></TR></TABLE>

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<A NAME="A001"></A>
<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><B><U>1675 Broadway, Suite 2450
Denver, Colorado 80202</U></B></FONT><FONT SIZE="2"><BR>(Address of principal executive offices) (Zip Code)</FONT></FONT></P>

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<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">Registrant's
telephone number, including area code <B><U>(303) 825-3748</U></B></FONT></FONT> </P>

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<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><B>Not Applicable</B><BR>(Former
name or former address, if changed since last report)</FONT></FONT> </P>

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<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">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):</FONT></FONT></P>

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<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD ALIGN="RIGHT" WIDTH="3%"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">[&nbsp;&nbsp;&nbsp;]</FONT></FONT></TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</FONT></FONT> </P></TD>
</TR>
</TABLE>


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<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD ALIGN="RIGHT" WIDTH="3%"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">[&nbsp;&nbsp;&nbsp;]</FONT></FONT></TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">Soliciting
material pursuant to Rule 14a-12 under  the Exchange Act (17 CFR 240.14a-12)</FONT></FONT> </P></TD>
</TR>
</TABLE>


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<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD ALIGN="RIGHT" WIDTH="3%"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">[&nbsp;&nbsp;&nbsp;]</FONT></FONT></TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))</FONT></FONT> </P></TD>
</TR>
</TABLE>


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<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD ALIGN="RIGHT" WIDTH="3%"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">[&nbsp;&nbsp;&nbsp;]</FONT></FONT></TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR  240.13e-4(c))</FONT></FONT> </P></TD>
</TR>
</TABLE>
<BR>

<P style="PAGE-BREAK-BEFORE: always">
<HR align=center width="100%" color=#999999 SIZE=3>


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<!-- MARKER FORMAT-SHEET="Head Minor" -->
<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><B>Item 1.01&nbsp;&nbsp;&nbsp;
Entry into a Material Definitive Agreement.</B></FONT></FONT></P>

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<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">On
February 2, 2007, PYR Energy Corporation (the &#147;Company&#148;) entered into
a Letter Agreement (the &#147;Agreement&#148;) with Nielson &amp; Associates,
Inc. (&#147;Nielson&#148;) pursuant to which Nielson agreed to purchase, and the
Company agreed to sell, all right, title and interest in and to all of the oil
and gas leases, associated leasehold and other interests, wells, easements,
contracts, permits and properties, including all equipment and other personal
property (the &#147;Interests&#148;) owned by the Company in the Ryckman Creek
Field. The Interests to be conveyed will be a minimum of a 100% Working Interest
and an 86.5625% Net Revenue Interest in the Interests. As consideration for the
Interests, Nielson has agreed to pay the Company $775,000 in cash. Management
believes that the Company&#146;s sale of the Interests provides the Company with
an influx of cash from a non-performing asset that would have required a
significant investment to determine its economic viability.</FONT></FONT></P>

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<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">The
closing of the Agreement is subject to the delivery by the Company of marketable
title to the Interests, free and clear of all liens, mortgages and other
encumbrances and claims against the Interests, along with a special warranty of
title. Pursuant to the Agreement, Nielson is entitled to conduct due diligence
and satisfy itself that the Company owns the Interests and that no material
title defects, material contractual restrictions, or material environmental
liabilities exist with respect to the Interests. The parties have agreed that,
for accounting purposes, the effective date of the sale will be February 1, 2007
and the transaction shall close no later than February 28, 2007.</FONT></FONT></P>

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<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">The
foregoing description does not purport to be a complete description of all the
terms of the Agreement. A copy of the Agreement is attached as Exhibit 10.1 to
this Current Report on Form&nbsp;8-K and incorporated herein by reference.</FONT></FONT></P>

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<A NAME="A002"></A>
<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><B>Item 7.01.&nbsp;&nbsp;&nbsp;
Regulation FD Disclosure.</B></FONT></FONT></P>

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<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">On
February 7, 2007, the Company issued a press release entitled &#147;PYR Energy
Provides Update on Recent Events&#148;. A copy of the Company&#146;s press
release is attached hereto as Exhibit 99.1.</FONT></FONT></P>

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<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">In
accordance with General Instruction B.2 of Form 8-K, the information in Section
7.01 of this Current Report on Form 8-K shall not be deemed &#147;filed&#148;
for the purpose of Section 18 of the Securities Exchange Act of 1934, as
amended, or otherwise subject to the liabilities of that Section. In addition,
the information in Section 7.01 of this Current Report shall not be incorporated
by reference into any filing of the Company, regardless of any general
incorporation language in such filing, unless expressly incorporated by specific
reference in such filing.</FONT></FONT></P>

<P style="PAGE-BREAK-BEFORE: always">
<HR align=center width="100%" color=#999999 SIZE=3>





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<A NAME="A003"></A>
<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><B>Item 9.01.&nbsp; &nbsp;
Financial Statements and Exhibits.</B></FONT></FONT></P>

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<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exhibits.</FONT></FONT></P>





<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="600">
<TR VALIGN="BOTTOM">
     <TH COLSPAN="2"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Exhibit No.</FONT><HR WIDTH="85%" SIZE="1" COLOR="BLACK" NOSHADE></TH>
     <TH COLSPAN="2"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Description</FONT><HR WIDTH="100%" SIZE="1" COLOR="BLACK" NOSHADE></TH>
</TR>
<TR VALIGN="BOTTOM">
     <TD WIDTH="8%" ALIGN="RIGHT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>10.1</FONT></TD>
        <TD WIDTH="6%" ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
     <TD WIDTH="85%" ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Letter Purchase Agreement, dated as of February 2, 2007, between the Company</FONT></TD>
     <TD WIDTH="2%" ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="RIGHT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
        <TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
     <TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">and Neilson &amp; Associates, Inc.</FONT></TD><TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD>&nbsp;</TD><TD></TD>
     <TD></TD><TD></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="RIGHT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">99.1</FONT></TD>
        <TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
     <TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Press Release issued February 7, 2007</FONT></TD><TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD>&nbsp;</TD><TD></TD>
     <TD></TD><TD></TD>
</TR>
</TABLE>


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<P ALIGN="CENTER">_________________ </P>



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<HR align=center width="100%" color=#999999 SIZE=3>





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<A NAME="A004"></A>
<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><B>SIGNATURES</B></FONT></FONT></P>

<!-- MARKER FORMAT-SHEET="Para Indent" -->
<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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.</FONT></FONT></P>

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<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><BR><BR>Date:&nbsp;&nbsp;&nbsp;February
8, 2007</FONT></FONT></P>
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<TR VALIGN="TOP">
     <TD WIDTH="6%">&nbsp;</TD>
     <TD><P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"></FONT></FONT> </P></TD>
</TR>
</TABLE>
<BR>
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<TR VALIGN="TOP">
     <TD WIDTH="50%">&nbsp;</TD>
     <TD><P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">PYR
ENERGY CORPORATION</FONT></FONT> </P></TD>
</TR>
</TABLE>
<BR>



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<TR VALIGN="TOP">
     <TD WIDTH="50%">&nbsp;</TD>
     <TD><P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">By:&nbsp;&nbsp;&nbsp;<U>/s/ Kenneth R. Berry, Jr.</U><BR>Kenneth R. Berry, Jr.<BR>Chief Executive Officer and<BR>President</FONT></FONT> </P></TD>
</TR>
</TABLE>
<BR>


<P style="PAGE-BREAK-BEFORE: always">
<HR align=center width="100%" color=#999999 SIZE=3>


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<!-- MARKER FORMAT-SHEET="Head Major" -->
<A NAME="A007"></A>
<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><B>EXHIBIT
INDEX</B></FONT></FONT></P>






<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="600">
<TR VALIGN="BOTTOM">
     <TH COLSPAN="2"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Exhibit No.</FONT><HR WIDTH="85%" SIZE="1" COLOR="BLACK" NOSHADE></TH>
     <TH COLSPAN="2"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Description</FONT><HR WIDTH="100%" SIZE="1" COLOR="BLACK" NOSHADE></TH>
</TR>
<TR VALIGN="BOTTOM">
     <TD WIDTH="8%" ALIGN="RIGHT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>10.1</FONT></TD>
        <TD WIDTH="6%" ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
     <TD WIDTH="85%" ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Letter Purchase Agreement, dated as of February 2, 2007, between the Company</FONT></TD>
     <TD WIDTH="2%" ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="RIGHT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
        <TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
     <TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">and Neilson &amp; Associates, Inc.</FONT></TD><TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD>&nbsp;</TD><TD></TD>
     <TD></TD><TD></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="RIGHT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">99.1</FONT></TD>
        <TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
     <TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Press Release issued February 7, 2007</FONT></TD><TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD>&nbsp;</TD><TD></TD>
     <TD></TD><TD></TD>
</TR>
</TABLE>


</BODY>
</HTML>
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AutoCoded Document
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):  February 8, 2007 (February 2, 2007)
PYR Energy Corporation
(Exact name of registrant as specified in its charter)
Maryland
001-15511
95-4580642
(State or
      other jurisdiction
(Commission File Number)
(IRS
      Employer
of
      incorporation)
Identification No.)
1675 Broadway, Suite 2450
Denver, Colorado 80202
(Address of principal executive offices) (Zip Code)
Registrant's
telephone number, including area code
(303) 825-3748
Not Applicable
(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 1.01   
Entry into a Material Definitive Agreement.
On
February 2, 2007, PYR Energy Corporation (the "Company") entered into
a Letter Agreement (the "Agreement") with Nielson & Associates,
Inc. ("Nielson") pursuant to which Nielson agreed to purchase, and the
Company agreed to sell, all right, title and interest in and to all of the oil
and gas leases, associated leasehold and other interests, wells, easements,
contracts, permits and properties, including all equipment and other personal
property (the "Interests") owned by the Company in the Ryckman Creek
Field. The Interests to be conveyed will be a minimum of a 100% Working Interest
and an 86.5625% Net Revenue Interest in the Interests. As consideration for the
Interests, Nielson has agreed to pay the Company $775,000 in cash. Management
believes that the Company's sale of the Interests provides the Company with
an influx of cash from a non-performing asset that would have required a
significant investment to determine its economic viability.
The
closing of the Agreement is subject to the delivery by the Company of marketable
title to the Interests, free and clear of all liens, mortgages and other
encumbrances and claims against the Interests, along with a special warranty of
title. Pursuant to the Agreement, Nielson is entitled to conduct due diligence
and satisfy itself that the Company owns the Interests and that no material
title defects, material contractual restrictions, or material environmental
liabilities exist with respect to the Interests. The parties have agreed that,
for accounting purposes, the effective date of the sale will be February 1, 2007
and the transaction shall close no later than February 28, 2007.
The
foregoing description does not purport to be a complete description of all the
terms of the Agreement. A copy of the Agreement is attached as Exhibit 10.1 to
this Current Report on Form 8-K and incorporated herein by reference.
Item 7.01.   
Regulation FD Disclosure.
On
February 7, 2007, the Company issued a press release entitled "PYR Energy
Provides Update on Recent Events". A copy of the Company's press
release is attached hereto as Exhibit 99.1.
In
accordance with General Instruction B.2 of Form 8-K, the information in Section
7.01 of this Current Report on Form 8-K shall not be deemed "filed"
for the purpose of Section 18 of the Securities Exchange Act of 1934, as
amended, or otherwise subject to the liabilities of that Section. In addition,
the information in Section 7.01 of this Current Report shall not be incorporated
by reference into any filing of the Company, regardless of any general
incorporation language in such filing, unless expressly incorporated by specific
reference in such filing.
Item 9.01.   
Financial Statements and Exhibits.
(c)     Exhibits.
Exhibit No.
Description
10.1
Letter Purchase Agreement, dated as of February 2, 2007, between the Company
and Neilson & Associates, Inc.
99.1
Press Release issued February 7, 2007
_________________
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.
Date:   February
8, 2007
PYR
ENERGY CORPORATION
By:
/s/ Kenneth R. Berry, Jr.
Kenneth R. Berry, Jr.
Chief Executive Officer and
President
EXHIBIT
INDEX
Exhibit No.
Description
10.1
Letter Purchase Agreement, dated as of February 2, 2007, between the Company
and Neilson & Associates, Inc.
99.1
Press Release issued February 7, 2007