Attached files
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): May 21, 2013
SYNERGY RESOURCES CORPORATION
(Exact name of registrant as specified in its charter)
Colorado 001-35245 20-2835920
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(State or other jurisdiction (Commission File No.) (IRS Employer
of incorporation) Identification No.)
20203 Highway 60
Platteville, Colorado 80651
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(Address of principal executive offices, including Zip Code)
Registrant's telephone number, including area code: (970) 737-1073
N/A
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(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 8.01 Other Events
On May 21, 2013, Synergy Resources Corporation (NYSE MKT: SYRG),
Platteville, CO, announced that its third party reserve engineer, Ryder Scott
Company, has evaluated the company's mid-year reserves for the period ending
February 28th, 2013 and reported a PV10 value of $208 million on proved reserves
of 13.63 million barrels of oil equivalent (BOE) versus a PV10 value of $148
million and 10.66 million BOE for the period ending August 31st, 2012. The
largest increase in the reserves was in the Proved Developed Producing (PDP)
category which rose 60%. There was an increase in Proved Developed Not Producing
(PDNP) reserves of 33% and an increase in Proved Undeveloped (PUD) reserves of
9%.
A press release concerning Synergy's mid-year reserves is attached as
Exhibit 99.1.
The report of Ryder Scott is filed as Exhibit 99.2.
Item 9.01. Financial Statements and Exhibits
(d)Exhibits
Number Description
99.1 Press Release
99.2 Ryder Scott report regarding oil and gas reserves as of February
28, 2013
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: May 23, 2013 SYNERGY RESOURCES CORPORATION
By: /s/ Frank L. Jennings
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Frank L. Jennings, Principal Financial Officer