The tender offer is currently scheduled to expire at midnight, New York City time, on Tuesday, April 24, 2007, unless the offer is extended. Samson anticipates extending the tender offer expiration date in connection with the revised offer, the terms of which will be set forth in a definitive merger agreement between the parties.
Subject to the successful negotiation of a definitive merger agreement and the receipt of a fairness opinion from its financial advisor, the Board of Directors of PYR Energy Corporation will recommend that PYR Energy shareholders accept the revised offer by Samson Acquisition Corp.
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