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): June 8, 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 June 8, 2011 Synergy Resources Corporation entered into a revolving line
of credit  agreement  with Bank of Choice,  located in  Greeley,  Colorado.  The
revolving line of credit allows Synergy to borrow up to $7,000,000.

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

     Any amounts borrowed from the bank:

          o    will bear interest,  payable  monthly,  at the prime lending rate
               plus 2%, subject to a minimum interest rate of 5.5%,

          o    will be due and payable on June 3, 2012, and

          o    are  secured  by  Synergy's   accounts   receivable,   equipment,
               inventory, and fixtures, as well as 64 oil and gas wells in which
               Synergy has a working interest varying from 37.5% to 100%.

     The wells  which  serve as  security  for the bank loan  include  the wells
drilled under Synergy's 2010 and 2011 drilling programs.

                                       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: June 9, 2011


                                         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": "11907944"}, "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): June 8, 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 June 8, 2011 Synergy Resources Corporation entered into a revolving line
of credit  agreement  with Bank of Choice,  located in  Greeley,  Colorado.  The
revolving line of credit allows Synergy to borrow up to $7,000,000.

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

     Any amounts borrowed from the bank:

          o    will bear interest,  payable  monthly,  at the prime lending rate
               plus 2%, subject to a minimum interest rate of 5.5%,

          o    will be due and payable on June 3, 2012, and

          o    are  secured  by  Synergy's   accounts   receivable,   equipment,
               inventory, and fixtures, as well as 64 oil and gas wells in which
               Synergy has a working interest varying from 37.5% to 100%.

     The wells  which  serve as  security  for the bank loan  include  the wells
drilled under Synergy's 2010 and 2011 drilling programs.

                                       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: June 9, 2011

                                         SYNERGY RESOURCES CORPORATION

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

                                       3