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): October 29, 2014


                          SYNERGY RESOURCES CORPORATION
                          -----------------------------
             (Exact name of Registrant as specified in its charter)


          Colorado                     001-35245              20-2835920
  ----------------------          -------------------      ----------------
 (State or other jurisdiction    (Commission File No.)    (IRS Employer
      of incorporation)                                    Identification No.)


                                20203 Highway 60
                           Platteville, Colorado 80651
               -------------------------------------------------
          (Address of principal executive offices, including Zip Code)


       Registrant's telephone number, including area code: (970) 737-1073

                                       N/A
                    ----------------------------------------
          (Former name or former address if changed since last report)

Check 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-14(c) under the
   Exchange Act (17 CFR 240.13e-4(c))

<PAGE>

Item 1.01   Entry into a Material Definitive Agreement

Line of Credit

     On October 29,  2014 the  Company  entered  into a  commitment  letter with
Suntrust Bank and Suntrust Robinson Humphry, Inc. (collectively "Suntrust") with
respect to its revolving line of credit facility.

     Pursuant to the terms of the  commitment  letter,  Suntrust  will arrange a
syndicate of banks or financial  institutions to make available to the Company a
line of credit, which the Company can borrow against from time to time, equal to
the lesser of the Borrowing Base or $500,000,000.

     The  Borrowing  Base can  increase or decrease  based upon the value of the
collateral which will secure any amounts borrowed under the line of credit.  For
the most part,  the value of the  collateral  will be derived from the estimated
future cash flow of the  Company's  proved oil and gas  reserves,  discounted by
10%. The initial  Borrowing  Base will be  $230,000,0000.  The interest  rate on
outstanding  borrowings  will be based upon a pricing grid which  escalates with
utilization and establishes a minimum rate of 2.5%.

     Any amounts  borrowed from the banking  syndicate  will be used to fund the
acquisition of the oil and gas properties  described  below,  to develop oil and
gas properties,  acquire new oil and gas properties, and for working capital and
other general corporate purposes.

     The new credit line will be subject to the  negotiation  and  execution  of
mutually  acceptable  and  definitive  loan  documentation  which  will  contain
conditions,  representations and warranties, financial covenants, covenants, and
events of default that are customary for transactions of this type and which are
expected  to be  similar to those in the  Company's  existing  revolving  credit
agreement.

     The Company's existing line of credit,  which expires on May 29, 2019, will
remain in place until the new line of credit is available.

Agreement Relating to Acquisition of Oil and Gas Properties.

     On October  29,  2014 the  Company  entered  into an  agreement  with three
independent  oil and gas companies to acquire oil and gas properties  consisting
of:

     o    Non-operated  working interests in seventeen  horizontal wells, ten of
          which are in production  (including four mid-reach laterals) and seven
          of which are in progress of completion.

     o    73 operated and 11 non-operated vertical wells.

     o    35 permit  applications  for operated  horizontal  wells (including 20
          extended reach laterals).

     o    5,040 gross acres  (4,053 net) with rights to the Codell and  Niobrara
          formations.

                                       2
<PAGE>

     o    2,400  gross  acres  (1,739  net)  with  rights  to other  formations,
          including the Sussex, Shannon and J-Sands.

     o    3D seismic data.

     o    Miscellaneous equipment.

     Working interests in the horizontal wells range from 6% to 40%.

     Working interests in the vertical wells range from 5% to 100%.

     The producing oil and gas properties  are located in the Wattenberg  Field,
which is part of the Denver-Julesburg Basin. Preliminary estimates indicate that
the undeveloped acreage will provide locations to drill 94 horizontal wells.

     The  purchase  price for the oil and gas  properties,  subject to  ordinary
closing adjustments, will be $125,000,000. The purchase price will be payable in
cash of $87,500,000 and $37,500,000 in restricted shares of the Company's common
stock.

     The  closing  of the  acquisition  is subject  to the  completion  of title
reviews by Synergy and other  conditions  which are normal for a transaction  of
this nature.

Item 5.02   Departure of Directors or Certain Officers;  Election of Directors;
            Appointment of Certain Officers; Compensatory Arrangements of
            Certain Officers.


     On  October  29,  2014  the  Company's   compensation   committee  approved
amendments to the Company's  employment  agreements with Ed Holloway and William
E. Scaff, Jr., the Company's Co-Chief Executive Officers. The amendments provide
that the annual  base salary for each of these  officers  will be  increased  to
$999,900, effective November 1, 2014.

                                       3
<PAGE>

                                   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 hereunto duly authorized.

Date: November 3, 2014


                                   SYNERGY RESOURCES CORPORATION


                                   By:/s/ Frank L. Jennings
                                      -------------------------------------
                                      Frank L. Jennings, Principal Financial and
                                      Accounting Officer
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{"company-data": {"conformed-name": "SYNERGY RESOURCES CORP", "cik": "0001413507", "assigned-sic": "1311", "irs-number": "202835920", "state-of-incorporation": "CO", "fiscal-year-end": "0831"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-35245", "film-number": "141190811"}, "business-address": {"street1": "20203 HIGHWAY 60", "city": "PLATTEVILLE", "state": "CO", "zip": "80651", "phone": "303-591-7413"}, "mail-address": {"street1": "20203 HIGHWAY 60", "city": "PLATTEVILLE", "state": "CO", "zip": "80651"}, "former-company": [{"former-conformed-name": "Brishlin Resources, Inc.", "date-changed": "20071217"}, {"former-conformed-name": "Blue Star Energy Inc", "date-changed": "20070926"}]}
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): October 29, 2014

                          SYNERGY RESOURCES CORPORATION
                          -----------------------------
             (Exact name of Registrant as specified in its charter)

          Colorado                     001-35245              20-2835920
  ----------------------          -------------------      ----------------
 (State or other jurisdiction    (Commission File No.)    (IRS Employer
      of incorporation)                                    Identification No.)

                                20203 Highway 60
                           Platteville, Colorado 80651
               -------------------------------------------------
          (Address of principal executive offices, including Zip Code)

       Registrant's telephone number, including area code: (970) 737-1073

                                       N/A
                    ----------------------------------------
          (Former name or former address if changed since last report)

Check 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-14(c) under the
   Exchange Act (17 CFR 240.13e-4(c))
Item 1.01   Entry into a Material Definitive Agreement

Line of Credit

     On October 29,  2014 the  Company  entered  into a  commitment  letter with
Suntrust Bank and Suntrust Robinson Humphry, Inc. (collectively "Suntrust") with
respect to its revolving line of credit facility.

     Pursuant to the terms of the  commitment  letter,  Suntrust  will arrange a
syndicate of banks or financial  institutions to make available to the Company a
line of credit, which the Company can borrow against from time to time, equal to
the lesser of the Borrowing Base or $500,000,000.

     The  Borrowing  Base can  increase or decrease  based upon the value of the
collateral which will secure any amounts borrowed under the line of credit.  For
the most part,  the value of the  collateral  will be derived from the estimated
future cash flow of the  Company's  proved oil and gas  reserves,  discounted by
10%. The initial  Borrowing  Base will be  $230,000,0000.  The interest  rate on
outstanding  borrowings  will be based upon a pricing grid which  escalates with
utilization and establishes a minimum rate of 2.5%.

     Any amounts  borrowed from the banking  syndicate  will be used to fund the
acquisition of the oil and gas properties  described  below,  to develop oil and
gas properties,  acquire new oil and gas properties, and for working capital and
other general corporate purposes.

     The new credit line will be subject to the  negotiation  and  execution  of
mutually  acceptable  and  definitive  loan  documentation  which  will  contain
conditions,  representations and warranties, financial covenants, covenants, and
events of default that are customary for transactions of this type and which are
expected  to be  similar to those in the  Company's  existing  revolving  credit
agreement.

     The Company's existing line of credit,  which expires on May 29, 2019, will
remain in place until the new line of credit is available.

Agreement Relating to Acquisition of Oil and Gas Properties.

     On October  29,  2014 the  Company  entered  into an  agreement  with three
independent  oil and gas companies to acquire oil and gas properties  consisting
of:

     o    Non-operated  working interests in seventeen  horizontal wells, ten of
          which are in production  (including four mid-reach laterals) and seven
          of which are in progress of completion.

     o    73 operated and 11 non-operated vertical wells.

     o    35 permit  applications  for operated  horizontal  wells (including 20
          extended reach laterals).

     o    5,040 gross acres  (4,053 net) with rights to the Codell and  Niobrara
          formations.

                                       2
o    2,400  gross  acres  (1,739  net)  with  rights  to other  formations,
          including the Sussex, Shannon and J-Sands.

     o    3D seismic data.

     o    Miscellaneous equipment.

     Working interests in the horizontal wells range from 6% to 40%.

     Working interests in the vertical wells range from 5% to 100%.

     The producing oil and gas properties  are located in the Wattenberg  Field,
which is part of the Denver-Julesburg Basin. Preliminary estimates indicate that
the undeveloped acreage will provide locations to drill 94 horizontal wells.

     The  purchase  price for the oil and gas  properties,  subject to  ordinary
closing adjustments, will be $125,000,000. The purchase price will be payable in
cash of $87,500,000 and $37,500,000 in restricted shares of the Company's common
stock.

     The  closing  of the  acquisition  is subject  to the  completion  of title
reviews by Synergy and other  conditions  which are normal for a transaction  of
this nature.

Item 5.02   Departure of Directors or Certain Officers;  Election of Directors;
            Appointment of Certain Officers; Compensatory Arrangements of
            Certain Officers.

     On  October  29,  2014  the  Company's   compensation   committee  approved
amendments to the Company's  employment  agreements with Ed Holloway and William
E. Scaff, Jr., the Company's Co-Chief Executive Officers. The amendments provide
that the annual  base salary for each of these  officers  will be  increased  to
$999,900, effective November 1, 2014.

                                       3
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 hereunto duly authorized.

Date: November 3, 2014

                                   SYNERGY RESOURCES CORPORATION

                                   By:/s/ Frank L. Jennings
                                      -------------------------------------
                                      Frank L. Jennings, Principal Financial and
                                      Accounting Officer