PYR Energy Corp.

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Description

PYR Energy Corp., Denver, (Amex: PYR) has retained C.K. Cooper & Co. Inc. to seek strategic alternatives for the company following the receipt of several unsolicited bids. The company has assets in the Rockies, Texas, and Gulf Coast and in Canada, consisting of 37,275 developed leasehold acres and interests in 89 oil and gas wells. Proved reserves as of Aug. 31, 2006, include 518,788 barrels of oil and gas liquids and 2.8 million barrels of gas. For more information, contact Tucker L. Franciscus, 303-825-3748.