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): April 23, 2012


                               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

     On April 23, 2012, Synergy Resources  Corporation  ("Synergy") entered into
an amendment to its revolving line of credit agreement  ("Agreement")  with Bank
of Choice,  located in Greeley,  Colorado. The amended terms include an increase
from $15,000,000 to $20,000,000 in the maximum amount of borrowings available to
Synergy,  subject  to  certain  collateral  requirements.  Other  terms  of  the
Agreement,  including  interest  at  the  bank's  prime  rate  and a  commitment
expiration date of November 30, 2014, were not modified.

     As of April 23, 2012 approximately $5.4 million had been borrowed under the
line of credit.  Proceeds of the  borrowing  have been used,  and proceeds  from
expected  future  borrowing  are  expected to be used,  primarily to repay prior
indebtedness and to fund acquisition,  drilling,  and completion costs under the
2012 and 2013 capital expenditure budgets.

     For  additional  information  concerning  the terms of the original line of
credit dated  November 30, 2011, see Synergy's Form 8-K report filed on December
1, 2011.

Item 9.01   Financial Statements and Exhibits

     Exhibit 10.15 - Amendment to Line of Credit Agreement.


                                       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:  April 25, 2012.

                                 SYNERGY RESOURCES CORPORATION


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

                                       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": "001-35245", "film-number": "12780416"}, "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): April 23, 2012

                               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

     On April 23, 2012, Synergy Resources  Corporation  ("Synergy") entered into
an amendment to its revolving line of credit agreement  ("Agreement")  with Bank
of Choice,  located in Greeley,  Colorado. The amended terms include an increase
from $15,000,000 to $20,000,000 in the maximum amount of borrowings available to
Synergy,  subject  to  certain  collateral  requirements.  Other  terms  of  the
Agreement,  including  interest  at  the  bank's  prime  rate  and a  commitment
expiration date of November 30, 2014, were not modified.

     As of April 23, 2012 approximately $5.4 million had been borrowed under the
line of credit.  Proceeds of the  borrowing  have been used,  and proceeds  from
expected  future  borrowing  are  expected to be used,  primarily to repay prior
indebtedness and to fund acquisition,  drilling,  and completion costs under the
2012 and 2013 capital expenditure budgets.

     For  additional  information  concerning  the terms of the original line of
credit dated  November 30, 2011, see Synergy's Form 8-K report filed on December
1, 2011.

Item 9.01   Financial Statements and Exhibits

     Exhibit 10.15 - Amendment to Line of Credit Agreement.

                                       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:  April 25, 2012.

                                 SYNERGY RESOURCES CORPORATION

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

                                       3