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): April 24, 2014
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 8.01 Other Events
On April 24, 2014, the Company announced that, as of February 28, 2014, its
estimated proved oil and gas reserves were 9,661,892 barrels of oil and
60,591,734 cubic feet of gas, for a combined 19.7 million BOE (barrels of oil
equivalent). The estimated proven value of these reserves, before tax and
discounted at 10%, was $326 million. As of February 28, 2014, total BOE
increased by 43%, and present value increased by 38%, as compared to the
Company's reserves as of August 31, 2013.
The report of Ryder Scott, the Company's independent petroleum reserve
engineer, is filed as Exhibit 99.2.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
Number Description
99.1 April 24, 2014 press release
99.2 Ryder Scott report regarding oil and gas reserves as of February 28,
2014
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 28, 2014 SYNERGY RESOURCES CORPORATION
By:/s/ William E. Scaff, Jr.
------------------------------------------
William E. Scaff, Jr., Co-Chief Executive
Officer
