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 1, 2010


                          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 1.01   Entry Into a Material Definitive Agreement

     On  October  1,  2010,  by  approval  of the  board of  directors,  Synergy
Resources  Corporation  (the  "Company")  acquired oil and gas  properties  from
Petroleum  Management,   LLC  and  Petroleum  Exploration  and  Management,  LLC
(collectively  referred to as "PEM") for  $1,017,435.  PEM is  controlled  by Ed
Holloway and William E. Scaff,  Jr., both officers and directors of the Company.
The oil and gas properties consist of:

          o     6 producing oil  & gas wells
          o     2 shut in oil wells
          o     15 drill sites, net 6.25 wells
          o     Miscellaneous equipment

     The Company has a 100% working  interest (80% net revenue  interest) in the
six producing wells and the two shut in wells.

     The oil and gas properties are located in the  Wattenberg  field,  which is
part of the Denver-Julesburg Basin.

     In 2009 PEM  acquired the same oil and gas  properties  sold to the Company
from an unrelated third party for $920,000.  The difference in the price paid by
the  Company  for the  properties  and the  price  PEM paid  for the  properties
represents interest on the amount paid by PEM for the properties,  closing costs
and equipment improvements.


Item 2.01   Completion of Acquisition or Disposition of Assets

      See Item 1.01 of this report.


                                       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: October 5, 2010


                                    SYNERGY RESOURCES CORPORATION


                                    By:  /s/ Ed Holloway
                                         -------------------------------------
                                         Ed Holloway, 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": "101110454"}, "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 1, 2010

                          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 1.01   Entry Into a Material Definitive Agreement

     On  October  1,  2010,  by  approval  of the  board of  directors,  Synergy
Resources  Corporation  (the  "Company")  acquired oil and gas  properties  from
Petroleum  Management,   LLC  and  Petroleum  Exploration  and  Management,  LLC
(collectively  referred to as "PEM") for  $1,017,435.  PEM is  controlled  by Ed
Holloway and William E. Scaff,  Jr., both officers and directors of the Company.
The oil and gas properties consist of:

          o     6 producing oil  & gas wells
          o     2 shut in oil wells
          o     15 drill sites, net 6.25 wells
          o     Miscellaneous equipment

     The Company has a 100% working  interest (80% net revenue  interest) in the
six producing wells and the two shut in wells.

     The oil and gas properties are located in the  Wattenberg  field,  which is
part of the Denver-Julesburg Basin.

     In 2009 PEM  acquired the same oil and gas  properties  sold to the Company
from an unrelated third party for $920,000.  The difference in the price paid by
the  Company  for the  properties  and the  price  PEM paid  for the  properties
represents interest on the amount paid by PEM for the properties,  closing costs
and equipment improvements.

Item 2.01   Completion of Acquisition or Disposition of Assets

      See Item 1.01 of this report.

                                       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: October 5, 2010

                                    SYNERGY RESOURCES CORPORATION

                                    By:  /s/ Ed Holloway
                                         -------------------------------------
                                         Ed Holloway, President

                                       3