Monday, January 29, 2007

Samson Investment Co Offers to Acquire PYR Energy (PYR) for $1.23/Share

In a 13D filing on PYR Energy Corp. (AMEX: PYR), Samson Investment Company disclosed a letter to the company pursuant to which Samson notified the company of its proposal to offer to purchase 100% of the outstanding common stock at a cash price of $1.23 per share.

Samson requested a response to the proposal by no later than 4:00 p.m. Central Time on February 1, 2007.

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