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): March 21, 2011


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


          Colorado                          None              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)

<PAGE>


Item 2.01   Completion of Acquisition or Disposition of Assets

     On  January  13,  2011  the  Company  entered  into  an  agreement  with an
independent oil and gas exploration  and production  corporation  which provided
for the sale by the Company of oil and gas leases from the Company.

     On January 14, 2011 the Company  received a down payment of $565,439 toward
the final purchase price.

     The closing of the  transaction  took place on March 21, 2011. On that date
the Company received a second payment for $4,679,078.  In consideration  for the
payments  received,  the Company will assign leases  covering 2,383 net acres to
the independent oil and gas company.

     The oil and gas leases  which were the subject of the  transaction  are all
located in Weld and Morgan Counties,  Colorado. There are no oil or gas wells on
any of the leases.


                                       2
<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: March 24, 2011


                                         SYNERGY RESOURCES CORPORATION


                                    By:  /s/ William E. Scaff, Jr.
                                         -------------------------------------
                                         William E. Scaff, Jr., Vice President


                                       3
<PAGE>
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{"company-data": {"conformed-name": "SYNERGY RESOURCES CORP", "cik": "0001413507", "assigned-sic": "1382", "irs-number": "202835920", "state-of-incorporation": "CO", "fiscal-year-end": "0831"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "333-146561", "film-number": "11711282"}, "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): March 21, 2011

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

          Colorado                          None              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)
Item 2.01   Completion of Acquisition or Disposition of Assets

     On  January  13,  2011  the  Company  entered  into  an  agreement  with an
independent oil and gas exploration  and production  corporation  which provided
for the sale by the Company of oil and gas leases from the Company.

     On January 14, 2011 the Company  received a down payment of $565,439 toward
the final purchase price.

     The closing of the  transaction  took place on March 21, 2011. On that date
the Company received a second payment for $4,679,078.  In consideration  for the
payments  received,  the Company will assign leases  covering 2,383 net acres to
the independent oil and gas company.

     The oil and gas leases  which were the subject of the  transaction  are all
located in Weld and Morgan Counties,  Colorado. There are no oil or gas wells on
any of the leases.

                                       2
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: March 24, 2011

                                         SYNERGY RESOURCES CORPORATION

                                    By:  /s/ William E. Scaff, Jr.
                                         -------------------------------------
                                         William E. Scaff, Jr., Vice President

                                       3