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Synergy Resources, a U.S. oil and gas exploration and production company focused in the Denver-Julesburg Basin, announces that its mid-year proved reserve evaluation for the six months ending 2/28/2014 increased to 19.7mm/BOE compared to 13.8mm/BOE for the fiscal year end 8/31/2013 and the PV10 value of the proved reserves increased to $326 million from $236 million. Proved developed producing and proved developed [...]

Synergy Resources Corporation (NYSE MKT: SYRG), a U.S. oil and gas exploration and production company focused in the Denver-Julesburg Basin, reported its fiscal second quarter results for the period ended February 28. Second Quarter 2014 Financial Highlights vs. Same Year-Ago Quarter

Synergy Resources has expanded its contract with Ensign United States Drilling to include a second automatic drilling rig (ADR) to execute the horizontal development of its leasehold in the Wattenberg Field. Synergy believes that a two rig drilling program utilizing ADR rigs will be instrumental in accelerating horizontal development going forward. The ADR rigs have several advantages over conventional rigs, including the [...]

Synergy, a U.S. oil and gas exploration and production company focused in the Denver-Julesburg Basin announces its annual meeting date. Synergy Resources Corporation's annual meeting will be held on Wednesday April 16, 2014 at 10:00AM MDT at the Greeley Country Club located at 4500 W 10th Street, Greeley, CO 80634. Shareholders of record as of February 28th, 2014 may vote their proxies by mail or in person at the annual [...]

Synergy Resources, a U.S. oil and gas exploration and production company focused in the Denver-Julesburg Basin, announces the following changes in corporate structure of its officers and executives from its January 22nd board meeting: William E. Scaff, Jr. has taken on the title of Co-Chief Executive Officer of the company which he will share with Ed Holloway as Co-Chief Executive Officer. Bill will remain Treasurer and [...]

Revenues up 132% to $19.3 Million, Driving Operating Income up 103% to $7.2 Million and Net Income of $0.08 per Diluted Share; Company to Host Investor Conference Call Today, January 7, 2014 at 12:00 p.m. ET Synergy, a U.S. oil and gas exploration and production company focused on the Denver-Julesburg Basin, reported its fiscal first quarter results for the period ended November 30, 2013.

Synergy Resources, a domestic oil and gas exploration and production company focused in the Denver-Julesburg Basin, will hold a conference call on Tuesday, January 7th 12 noon ET (10 am MT) to discuss results for its fiscal first quarter ended November 30th, 2013. The company plans to issue its earnings press release prior to the call.

William Scaff, Executive Vice President, of Synergy, commented, "We are pleased to continue our horizontal drilling program in the Wattenberg Field with Ensign as our drilling partner. Securing Ensign Rig #131 is an important step forward in the development of our asset base. Rig #131 is an ADR rig which will allow us to drill more efficiently, it is a quieter rig and runs on natural gas instead of diesel fuel and, most [...]

Synergy announced that its credit facility led by Community Banks of Colorado has been approved for an increase to $300 million and the borrowing base to $90 million. Synergy has $37 million borrowed on the facility as of November 30, 2013 with a current interest rate of 2.67%. Monty Jennings, CFO of Synergy Resources, commented, "We are pleased with the increase in the credit facility and our borrowing base which [...]

Synergy Resources, a U.S. oil and gas exploration and production company with operations focused in the D-J Basin, on November 13, 2013, purchased an interest in 38 wells and approximately 900 net acres in the Wattenberg Field from a privately held oil and gas company. Synergy will be the operator of these wells. Additional assets that were acquired include an interest in 9 non-operated wells, a 25% interest in a Class II [...]