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): July 20, 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 8.01   Other Events

     On July 20, 2011 the Company sold oil and gas leases  covering  2,400 gross
(1,355  net)  acres  for cash of  $3,386,350.  The oil  leases  were  sold to an
unrelated  oil  and gas  corporation  and are all  located  in Weld  and  Morgan
Counties, Colorado. There are no oil or gas wells on any of the leases.

     On July 21, 2011 the Company,  to comply with the NYSE Amex Company  Guide,
amended its Code of Ethics to cover all of the Company's officers, directors and
employees.  Previously,  the  Company's  Code  of  Ethics  only  applied  to the
Company's Principle Executive and Senior Financial Officers.

Item 9.01   Financial Statements and Exhibits

Exhibit 14   Code of Ethics, as amended

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                                   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: July 22, 2011


                                    SYNERGY RESOURCES CORPORATION


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

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