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): September 8, 2006 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 To the extent applicable, the disclosure in Item 8.01 below is incorporated herein by reference. Item 8.01 Other Events. On September 8, 2006, PYR Energy Corporation entered into an employment agreement dated September 5, 2006 (effective August 1, 2006) with D. Scott Singdahlsen, our former chief executive officer. Mr. Singdahlsen will work on projects as directed by our chief executive officer and our board of directors, and he will develop new exploration/exploitation projects within the context of our business plan and strategy. The agreement expires on July 31, 2007, but may be extended for up to three additional periods of one-year each if mutually agreed. Mr. Singdahlsen will receive a base salary of $14,583.33 per month and will participate in project overrides. Item 9.01 Financial Statements and Exhibits Exhibits. The following exhibits are filed herewith: 10. Employment Agreement with D. Scott Singdahlsen. 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: September 14, 2006 PYR ENERGY CORPORATION By: /s/ Kenneth R. Berry, Jr. ------------------------------------ Kenneth R. Berry, Jr. Chief Executive Officer