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): November 30, 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)


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

   On November  30, 2011  Synergy  Resources  Corporation  entered  into a new
revolving   line  of  credit   agreement   with  Bank  of  Choice,   located  in
placeCityGreeley,  StateColorado. The revolving line of credit allows Synergy to
borrow up to $15,000,000.

     Following   the  execution  of  the  line  of  credit,   Synergy   borrowed
approximately  $5,342,000  to repay the loan,  including  accrued  interest,  to
Petroleum  Exploration  and  Management,  LLC, "), a company owned equally by Ed
Holloway and William E. Scaff, Jr., two of the Company's officers and directors.
For further  information  concerning  this loan,  see Synergy's 8-K report filed
with the Securities and Exchange Commission on May 24, 2011.

     Any additional  amounts  borrowed from the bank will be used to develop oil
and gas properties,  acquire new oil and gas properties, and for working capital
and other general corporate purposes.

     Any amounts borrowed from the bank:

          o    will bear interest,  payable monthly,  at the greater of 3.25% or
               the prime lending rate,

          o    will be due and payable on November 30, 2014, and

          o    are secured by substantially all of Synergy's producing wells and
               developed oil and gas leases

     Any of the  following are an event of default  which,  in some cases if not
cured within a specified  number of days (generally 15 to 30 days),  could cause
any amounts due under the line of credit to become immediately due and payable:

          o    Synergy fails to make any interest or principal payment when due;

          o    Synergy  breaches  any  representation,  warranty  or covenant or
               defaults in the timely performance of any other obligation in its
               agreements with the bank;

          o    Synergy files for protection from its creditors under the federal
               bankruptcy code, or a third party files an involuntary bankruptcy
               petition against Synergy, or

          o    A final judgment is entered against Synergy involving a liability
               (not paid or fully  covered by  insurance) of $50,000 or more and
               the judgment has not been vacated,  discharged, or stayed pending
               appeal within 60 days from the entry of the judgement.

     The foregoing description of the line of credit agreement, including events
of default,  does not purport to be complete and is qualified in its entirety by
reference to Exhibit 10.13 to this report.

                                       2
<PAGE>

Item 2.03.  Creation of a Direct Financial Obligation or an Obligation under
            an Off-Balance Sheet Arrangement of a Registrant

     The information  included under Item 1.01 is incorporated by reference into
this Item 2.03 of this report.

Item 9.01   Financial Statements and Exhibits

Number      Description
------      -----------

10.13        Loan agreements with Bank of Choice.

                                       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:  December 1, 2011.

                                 SYNERGY RESOURCES CORPORATION



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

                                       4
[{"type": "8-K", "sequence": "1", "filename": "form8kre101loan12-11.txt", "description": "FORM 8-K ITEM 1.01 LOAN", "secsgml_size_bytes": 5841}]
{"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": "001-35245", "film-number": "111238394"}, "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"}]}
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): November 30, 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)

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

   On November  30, 2011  Synergy  Resources  Corporation  entered  into a new
revolving   line  of  credit   agreement   with  Bank  of  Choice,   located  in
placeCityGreeley,  StateColorado. The revolving line of credit allows Synergy to
borrow up to $15,000,000.

     Following   the  execution  of  the  line  of  credit,   Synergy   borrowed
approximately  $5,342,000  to repay the loan,  including  accrued  interest,  to
Petroleum  Exploration  and  Management,  LLC, "), a company owned equally by Ed
Holloway and William E. Scaff, Jr., two of the Company's officers and directors.
For further  information  concerning  this loan,  see Synergy's 8-K report filed
with the Securities and Exchange Commission on May 24, 2011.

     Any additional  amounts  borrowed from the bank will be used to develop oil
and gas properties,  acquire new oil and gas properties, and for working capital
and other general corporate purposes.

     Any amounts borrowed from the bank:

          o    will bear interest,  payable monthly,  at the greater of 3.25% or
               the prime lending rate,

          o    will be due and payable on November 30, 2014, and

          o    are secured by substantially all of Synergy's producing wells and
               developed oil and gas leases

     Any of the  following are an event of default  which,  in some cases if not
cured within a specified  number of days (generally 15 to 30 days),  could cause
any amounts due under the line of credit to become immediately due and payable:

          o    Synergy fails to make any interest or principal payment when due;

          o    Synergy  breaches  any  representation,  warranty  or covenant or
               defaults in the timely performance of any other obligation in its
               agreements with the bank;

          o    Synergy files for protection from its creditors under the federal
               bankruptcy code, or a third party files an involuntary bankruptcy
               petition against Synergy, or

          o    A final judgment is entered against Synergy involving a liability
               (not paid or fully  covered by  insurance) of $50,000 or more and
               the judgment has not been vacated,  discharged, or stayed pending
               appeal within 60 days from the entry of the judgement.

     The foregoing description of the line of credit agreement, including events
of default,  does not purport to be complete and is qualified in its entirety by
reference to Exhibit 10.13 to this report.

                                       2
Item 2.03.  Creation of a Direct Financial Obligation or an Obligation under
            an Off-Balance Sheet Arrangement of a Registrant

     The information  included under Item 1.01 is incorporated by reference into
this Item 2.03 of this report.

Item 9.01   Financial Statements and Exhibits

Number      Description
------      -----------

10.13        Loan agreements with Bank of Choice.

                                       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:  December 1, 2011.

                                 SYNERGY RESOURCES CORPORATION

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

                                       4