----

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|   |   |                                                                                    |
|--------|--------|-----------------------------------------------------------------------------------------|
| þ |   | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |

|   |   |                                                                                     |
|--------|--------|------------------------------------------------------------------------------------------|
| o      |   | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |

|                            |   |                |
|---------------------------------|--------|---------------------|
|                            |   |                |
| Colorado                        |   | 84-1491159          |
| (State or other jurisdiction of |   | (I.R.S. Employer    |
| incorporation or organization)  |   | Identification No.) |

|   |                      |   |                |   |                    |   |
|--------|---------------------------|--------|---------------------|--------|-------------------------|--------|
|   | Large accelerated filer o |   | Accelerated filer o |   | Non-accelerated filer o |   | Smaller reporting company x |   |
|   |                      |   |                |   |                    |   |

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| SUN RIVER ENERGY, INC. |
|------------------------|
| TABLE OF CONTENTS      |
|                   |   |   |   |   |
|                   |   |   |   |   |
|                   | PART I—FINANCIAL INFORMATION |   |   |   |
|                   |   |   |   |   |
|                   | Item 1. Financial statements |   |   | 2 |
|                   |   |   |   |   |
|                   | Item 2. Management’s discussion and analysis of financial condition and results of operations |   |   | 9 |
|                   |   |   |   |   |
|                   | Item 3. Quantitative and qualitative disclosures about market risk |   |   | 10 |
|                   |   |   |   |   |
|                   | Item 4. Controls and procedures |   |   | 10 |
|                   |   |   |   |   |
|                   | PART II—OTHER INFORMATION |   |   |   |
|                   |   |   |   |   |
|                   | Item 1. Legal proceedings |   |   | 11 |
|                   |   |   |   |   |
|                   | Item 1A. Risk factors |   |   | 11 |
|                   |   |   |   |   |
|                   | Item 2. Unregistered sales of equity securities and use of proceeds |   |   | 11 |
|                   |   |   |   |   |
|                   | Item 3. Defaults upon senior securities |   |   | 11 |
|                   |   |   |   |   |
|                   | Item 4. (Removed and reserved) |   |   | 11 |
|                   |   |   |   |   |
|                   | Item 5. Other information |   |   | 12 |
|                   |   |   |   |   |
|                   | Item 6. Exhibits |   |   | 13 |
|                   |   |   |   |   |

----

|                                                                                                                                                                             |   | July 31,    |    |   | April 30, |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------|---------|--------|-----------|--------|
|                                                                                                                                                                             |   | 2011        |    |   | 2011      |   |
|                                                                                                                                                                             |   | (Unaudited) |    |   |      |   |
|  Assets                                                                                                                                                                     |   |        |    |   |      |   |
|  Current assets                                                                                                                                                             |   |        |    |   |      |   |
|  Cash and cash equivalents                                                                                                                                                  |   | $           | 583     |   |      | $      | 1,489 |   |
|  Accounts receivable, net                                                                                                                                                   |   |        | 169     |   |      |   | 307 |   |
|       Total current assets                                                                                                                         |   |        | 752     |   |      |   | 1,796 |   |
|                                                                                                                                                                             |   |        |    |   |      |   |   |   |
| Oil and gas properties—net, based on full cost method of                                                                                                                   |   |        |    |   |      |   |   |   |
| accounting:                                                                                                                                                                      |   |        |    |   |      |   |   |   |
|     Property subject to amortization                                                                                                                         |   |        | 8,412   |   |      |   | 7,492 |   |
|     Property not evaluated and not subject to amortization                                                                                                   |   |        | 12,274  |   |      |   | 11,895 |   |
| Furniture, fixtures, and equipment, net                                                                                                                                          |   |        | 123     |   |      |   | 145 |   |
|  Goodwill                                                                                                                                                                   |   |        | 287     |   |      |   | 287 |   |
|  Deposits                                                                                                                                                                   |   |        | 14      |   |      |   | 15 |   |
|  Total assets                                                                                                                                                               |   | $           | 21,862  |   |      | $      | 21,630 |   |
|                                                                                                                                                                             |   |        |    |   |      |   |   |   |
|  Liabilities and stockholders' equity (deficit)                                                                                                                             |   |        |    |   |      |   |   |   |
|  Current liabilities                                                                                                                                                        |   |        |    |   |      |   |   |   |
|  Accounts payable and accrued expenses                                                                                                                                      |   | $           | 1,994   |   |      | $      | 1,050 |   |
| Accrued expenses – related parties                                                                                                                                         |   |        | 2,131   |   |      |   | 2,131 |   |
|  Asset retirement obligations – current                                                                                                                               |   |        | 19      |   |      |   | 19 |   |
|  Notes payable                                                                                                                                                              |   |        | 86      |   |      |   | 88 |   |
|  Notes payable – related party                                                                                                                                        |   |        | 5,000   |   |      |   | 5,000 |   |
|       Total current liabilities                                                                                                                    |   |        | 9,230   |   |      |   | 8,288 |   |
|                                                                                                                                                                             |   |        |    |   |      |   |   |   |
|      Asset retirement obligations, net of current portion                                                                                               |   |        | 40      |   |      |   | 39 |   |
|          Total liabilities                                                                                                          |   |        | 9,270   |   |      |   | 8,327 |   |
|                                                                                                                                                                             |   |        |    |   |      |   |   |   |
|  Commitments and contingencies                                                                                                                                              |   |        |    |   |      |   |   |   |
| Stockholders’ equity                                                                                                                                                       |   |        |    |   |      |   |   |   |
|                                                                                                                                                                             |   |        |    |   |      |   |   |   |
| Preferred Stock, 8,750,000 shares authorized, par value $.01 no shares issued and outstanding at July 31, 2011 and April 30, 2011, respectively                             |   |        | -       |   |      |   | - |   |
|                                                                                                                                                                             |   |        |    |   |      |   |   |   |
| 8% Series A cumulative convertible preferred stock, par value $.01; authorized 1,250,000 shares, 50,000 and 251,000 shares issued as of July 31 and April 30, 2011, respectively |   |        | 1       |   |      |   | 3 |   |
|                                                                                                                                                                             |   |        |    |   |      |   |   |   |
| Common stock — $.0001 par value; authorized, 100,000,000 shares; 30,630,880 shares and 27,946,898 at July 31 and April 30, 2011, respectively                         |   |        | 3       |   |      |   | 3 |   |
| Additional paid-in-capital                                                                                                                                                       |   |        | 32,219  |   |      |   | 30,277 |   |
| Accumulated deficit                                                                                                                                                              |   |        | (19,631 | )      |      |   | (16,980 | ) |
| Total stockholders’ equity                                                                                                                                                 |   |        | 12,592  |   |      |   | 13,303 |   |
| Total liabilities and stockholders' equity                                                                                                                                       |   | $           | 21,862  |   |      | $      | 21,630 |   |
|                                                                                                                                                                             |   |        |    |   |      |   |   |   |
| The accompanying notes are an integral part of these consolidated financial statements.                                                                                          |   |

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| SUN RIVER ENERGY, INC.                                                                         |                                |
|------------------------------------------------------------------------------------------------|-------------------------------------|
| Consolidated Statements of Operations                                                          |                                |
| (Unaudited, in thousands, except for share data)                                               |                                |
|                                                                                           |                                |   |
|                                                                                           | For the three months ended July 31, |   |
|                                                                                           | 2011                                |   | 2010 |   |
|        Revenues                                             |                                | $ | 111 |   |   | $ | - |   |
|                                                                                           |                                |   |   |   |   |   |   |   |
|                                                                                           |                                |   |   |   |   |   |   |   |
|       Operational expenses:                                      |                                |   |   |   |   |   |   |   |
|          Lease operating expense                  |                                |   | 149 |   |   |   | 41 |   |
|          Production taxes                         |                                |   | 11 |   |   |   | - |   |
|          Depreciation, depletion and amortization |                                |   | 41 |   |   |   | - |   |
|          General and administrative               |                                |   | 2,456 |   |   |   | 964 |   |
|                                                                                           |                                |   |   |   |   |   |   |   |
|                                                                                           |                                |   |   |   |   |   |   |   |
|        Total operational expenses                           |                                |   | 2,657 |   |   |   | 1,005 |   |
|                                                                                           |                                |   |   |   |   |   |   |   |
|                                                                                           |                                |   |   |   |   |   |   |   |
|       Net loss from operations                                   |                                |   | (2,546 | ) |   |   | (1,005 | ) |
|                                                                                           |                                |   |   |   |   |   |   |   |
|                                                                                           |                                |   |   |   |   |   |   |   |
|       Other income (expense)                                     |                                |   |   |   |   |   |   |   |
|          Interest expense                         |                                |   | (105 | ) |   |   | (27 | ) |
|                                                                                           |                                |   |   |   |   |   |   |   |
|    Net loss applicable to common stockholders                                   |                                | $ | (2,651 | ) |   | $ | (1,032 | ) |
|                                                                                           |                                |   |   |   |   |   |   |   |
|  Per share information                                                                    |                                |   |   |   |   |   |   |   |
|                                                                                           |                                |   |   |   |   |   |   |   |
|  Net loss per common share                                                                |                                |   |   |   |   |   |   |   |
|  Basic and diluted                                                                        |                                | $ | (0.09 | ) |   | $ | (0.05 | ) |
|                                                                                           |                                |   |   |   |   |   |   |   |
|  Weighted average number                                                                  |                                |   |   |   |   |   |   |   |
|     of common stock outstanding                                            |                                |   | 29,327,891 |   |   |   | 19,713,946 |   |
|                                                                                           |                                |   |   |   |   |   |   |   |
| The accompanying notes are an integral part of these consolidated financial statements.        |                                |

----

| SUN RIVER ENERGY, INC.                                                                    |   |
|-------------------------------------------------------------------------------------------|--------|
| Consolidated Statements of Cash Flows                                                     |   |
| (Unaudited, in thousands)                                                                 |   |
|                                                                                      |   | For the Three Months Ended |   |
|                                                                                      |   | July 31, |   |
|                                                                                      |   | 2011 |   |   | 2010 |   |
|  Cash flows from operating activities:                                               |   |   |   |   |   |   |
|  Net loss                                                                            |   | $ | (2,651 | ) |   | $ | (1,032 | ) |
|  Adjustments to reconcile net loss to net cash used in operating activities:         |   |   |   |   |   |   |   |   |
|  Depreciation, depletion, amortization, and accretion of asset retirement obligation |   |   | 41 |   |   |   | - |   |
|  Impairment of oil and gas properties                                                |   |   |   |   |   |   | - |   |
|  Equity issued for services                                                          |   |   | 1,092 |   |   |   | 630 |   |
|     Changes in current assets and liabilities:                        |   |   |   |   |   |   |   |   |
| Decrease in accounts receivable                                                           |   |   | 138 |   |   |   | - |   |
|  Increase in accounts payable and accrued liabilities                                |   |   | 945 |   |   |   | 402 |   |
|  Increase in other assets and other liabilities                                      |   |   | (5 | ) |   |   | - |   |
|  Net cash used in operating activities                                               |   |   | (440 | ) |   |   | 0 |   |
|                                                                                      |   |   |   |   |   |   |   |   |
|  Cash flows from investing activities:                                               |   |   |   |   |   |   |   |   |
|  Investment in oil and gas properties                                                |   |   | (1,318 | ) |   |   | - |   |
|  Net cash used in investing activities                                               |   |   | (1,318 | ) |   |   | - |   |
|                                                                                      |   |   |   |   |   |   |   |   |
|  Cash flows from financing activities:                                               |   |   |   |   |   |   |   |   |
|  Preferred stock issued for cash                                                     |   |   | 855 |   |   |   | - |   |
|  Payments on notes                                                                   |   |   | (3 | ) |   |   | - |   |
|  Net cash provided by financing activities                                           |   |   | 852 |   |   |   | - |   |
|                                                                                      |   |   |   |   |   |   |   |   |
|  Net decrease in cash                                                           |   |   | (906 | ) |   |   | - |   |
|                                                                                      |   |   |   |   |   |   |   |   |
|  Cash and cash equivalents — beginning of period                               |   |   | 1,489 |   |   |   | 40 |   |
|                                                                                      |   |   |   |   |   |   |   |   |
|  Cash and cash equivalents — end of period                                     |   | $ | 583 |   |   | $ | 40 |   |
|                                                                                      |   |   |   |   |   |   |   |   |
|  Supplemental Disclosure of Cash Flow Information:                                   |   |   |   |   |   |   |   |   |
|  Cash paid for interest expense                                                      |   | $ | 5 |   |   | $ | - |   |
|                                                                                      |   |   |   |   |   |   |   |   |
|  Cash paid for income taxes                                                          |   | $ | - |   |   | $ | - |   |
|                                                                                      |   |   |   |   |   |   |   |   |
|  Issuance of common stock for payment of dividends on preferred stock conversion     |   | $ | 6 |   |   | $ | - |   |
|  Issuance of common stock for payment of promissory notes                            |   | $ | - |   |   | $ | 152 |   |
|  Issuance of equity for services                                                     |   | $ | - |   |   | $ | 630 |   |
|                                                                                      |   |   |   |   |   |   |   |   |
| The accompanying notes are an integral part of these consolidated financial statements.   |   |

----

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|   | ● | The Company will evaluate the possibility of settlement of this obligation with issuance of additional shares to the creditor; or                                                                                                                                   |
|--------|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | ● | Sun River has raised over $9,300,000 in a Preferred Stock offering, and the Company presently plans on raising additional equity through the sale of additional preferred or common stock and will utilize any proceeds to pay this debt if not already settled; or |
|   | ● | The Company will evaluate the availability of long term financing to refinance the debt, potentially secured with a portion of our $20,570,000 holdings in oil and gas properties; or                                                                               |
|   | ● | The Company may sell a portion of our oil and gas properties to pay this debt, in addition to other selected current liabilities of the Company which may be due.                                                                                                   |

----

| Proved Properties                     |   | Acquisition Costs |   |   | Development Costs |   |   | Depletion |   |   | Asset Retirement Costs |   |   | Total  |   |
|---------------------------------------|--------|-------------------|--------|--------|-------------------|--------|--------|-----------|--------|--------|------------------------|--------|--------|--------|--------|
| Balance at April 30, 2011             |   | $                 | 4,551  |   |              | $      | 2,944  |      |   | $      | (61                    | )      |   | $      | 58     |   |   | $ | 7,492 |   |
| Activity-May 1, 2011 to July 31, 2011 |   |              | -      |   |              |   | 938    |      |   |   | (19                    | )      |   |   | 1      |   |   |   | 920 |   |
| Total                                 |   | $                 | 4,551  |   |              | $      | 3,882  |      |   | $      | (80                    | )      |   | $      | 59     |   |   | $ | 8,412 |   |
|                                  |   |              |   |   |              |   |   |      |   |   |                   |   |   |   |   |   |   |   |   |   |

| Unevaluated Properties                |   | Acquisition Costs |   |   | Development Costs |   |   | Impairment of Properties |   |   | Asset Retirement Costs |   |   | Total  |   |
|---------------------------------------|--------|-------------------|--------|--------|-------------------|--------|--------|--------------------------|--------|--------|------------------------|--------|--------|--------|--------|
| Balance at April 30, 2011             |   | $                 | 12,794 |   |              | $      | -      |                     |   |   | (899                   | )      |   | $      | -      |   |   | $ | 11,895 |   |
| Activity-May 1, 2011 to July 31, 2011 |   |              | 379    |   |              |   |   |                     |   |   |                   |   |   |   |   |   |   |   | 379 |   |
| Total at July 31, 2011                |   | $                 | 13,173 |   |              |   |   |                     |   | $      | (899                   | )      |   |   |   |   |   | $ | 12,274 |   |
|                                  |   |              |   |   |              |   |   |                     |   |   |                   |   |   |   |   |   |   |   |   |   |

|                                       |   |   |   |   |
|--------------------------------------------|--------|--------|--------|--------|
| Beginning of period                        |   | $      | 58,000 |   |
| Liabilities incurred                       |   |   | -      |   |
| Liabilities settled                        |   |   | -      |   |
| Accretion expense                          |   |   | 1,000  |   |
| Revisions to estimate                      |   |   | -      |   |
| End of period                              |   |   | 59,000 |   |
| Less: current asset retirement obligations |   |   | 19,000 |   |
| Long-term asset retirement obligations     |   | $      | 40,000 |   |

----

| Notes Payable                   |   |   |      |
|---------------------------------|--------|--------|-----------|
| Balance as of April 30, 2011    |   | $      | 88,000    |   |
| Payments                        |   |   | (2,000    | ) |
| Balance as of July 31, 2011     |   | $      | 86,000    |   |
|                            |   |   |      |   |
| Notes payable - related parties |   |   |      |   |
| Balance as of April 30, 2011    |   | $      | 5,000,000 |   |
| Payment                         |   |   | --        |   |
| Balance as of July 31, 2011     |   | $      | 5,000,000 |   |

|                    |   | July 31,  |         |
|-------------------------|--------|-----------|--------------|
|                    |   | 2011      |         |
| Dividend yield          |   |      | 0%           |   |
| Expected volatility     |   |      | 75-159%      |   |
| Risk-free interest rate |   |      | .75% - 1.28% |   |
| Expected life           |   | 1-3 years |         |

|                          | Numberof Options |   | WeightedAverageExercisePrice |   | WeightedAverageRemainingTerm (in years) |   | AggregateFair Value |    |
|-------------------------------|------------------|--------|------------------------------|--------|-----------------------------------------|--------|---------------------|---------|
| Outstanding at April 30, 2011 | 3,335,000        |   | $                            | 1.99   |                                    | 9.7    |                | $  |  5,355,000 |   |
| Granted                       | -                |   | -                            |   | -                                       |   |                | -       |   |
| Exercised                     |  -          |   | -                            |   |                                    |   |                |    |
| Forfeited or expired          |             | -      | -                            |   |                                    |   |                |    |
| Outstanding at July31, 2011   | 3,335,000        |   | $                            | 1.99   |                                    | 9.2    |                | $       | 5,355,000 |   |
|                          |             |   |                         |   |                                    |   |                |    |

----

|                                                      |   |         |      |     |   |             |   |     |   |      |   |   |      |   |
|-----------------------------------------------------------|--------|--------------|-----------|----------|--------|------------------|--------|----------|--------|-----------|--------|--------|-----------|--------|
|                                                      |   |         |      |     |   | Weighted         |   | Weighted |   |      |
|                                                      |   |         |      |     |   | Average          |   | Average  |   | Aggregate |
|                                                      |   | Shares Under |      | Exercise |   | Remaining        |   | Fair     |
|                                                      |   | Warrant      |      | Price    |   | Contractual Life |   | Value    |
| Outstanding at July 31, 2011 (no activity during quarter) |   |         | 1,400,000 |     |   | $                | 1.65   |     |   | 1.0 years |   | $      | 1,960,000 |   |

|   | (a)    |   | volatility or decline of the Company’s stock price;                                                                              |
|--------|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------|
|   |   |   |                                                                                                                                   |
|   | (b)    |   | potential fluctuation in quarterly results;                                                                                            |
|   |   |   |                                                                                                                                   |
|   | (c)    |   | failure of the Company to earn revenues or profits;                                                                                    |
|   |   |   |                                                                                                                                   |
|   | (d)    |   | inadequate capital to continue or expand its business, inability to raise additional capital or financing to implement business plans; |
|   |   |   |                                                                                                                                   |
|   | (e)    |   | failure to commercialize its technology or to make sales;                                                                              |
|   |   |   |                                                                                                                                   |
|   | (f)    |   | rapid and significant changes in markets;                                                                                              |
|   |   |   |                                                                                                                                   |
|   | (g)    |   | litigation with or legal claims and allegations by outside parties; and                                                                |
|   |   |   |                                                                                                                                   |
|   | (h)    |   | insufficient revenues to cover operating costs.                                                                                        |

----

----

| DATE OF SALE                       |   | TITLE OF SECURITIES |   | NO. OF SHARES |   | CONSIDERATION                             |   | CLASS OF PURCHASER   |
|------------------------------------|--------|---------------------|--------|---------------|--------|-------------------------------------------|--------|----------------------|
| May 31, 2011 through July 31, 2011 |   | Preferred Stock     |   | 47,450        |   | Cash                                      |   | Various Stockholders |
| May 31, 2011 through July 31, 2011 |   | Common Stock        |   | 58,745        |   | Dividends due under the Preferred Stock   |   | Various Stockholders |
| June 6, 2011                       |   | Common Stock        |   | 99,093        |   | Legal Services                            |   | Vendors              |
| May 24, 2011                       |   | Common Stock        |   | 41,644        |   | Directors Services                        |   | Directors            |
| May 31, 2011 through July 31, 2011 |   | Common Stock        |   | 2,484,500     |   | 248,450 units of Series A Preferred stock |   | Various Stockholders |

----

|                  |   |       |   |      |       |   |   |             |
|-----------------------|--------|------------|--------|-----------|------------|--------|--------|------------------|
| Name                  |   | For        |   | Abstain   | Against    |   |   | Broker Non-Votes |
| Donal R. Schmidt, Jr. |   | 16,608,559 |   | 1,019,000 | -          |   |   | 3,107,388        |
| Stephen W. Weathers   |   | 17,614,059 |   | 3,500     | 10,000     |   |   | 3,107,388        |
| Robert B. Fields      |   | 1,457,118  |   | 3,500     | 16,166,941 |   |   | 3,107,388        |
| Dr Steven R Henson    |   | 17,624,059 |   | 3,500     | -          |   |   | 3,107,388        |

----

|        |                |                                                                                                                                                   |   | Incorporated by Reference |     |      |    |   |        |
|-------------|---------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------|----------|-----------|---------|--------|-------------|
| Exhibit No. | Exhibit Description |                                                                                                                                                   | Form   |                      | SEC File |      | Exhibit |   | Filing Date |   | Filed Herewith |
| 3.1(i)      |                | Articles of Incorporation.                                                                                                                             |   | 10-SB12G                  |     | 000-27485 |    | 3.1(i) |        | 9/29/1999 |   |   |
| 3.2         |                | Certificate of Designation of 8% Series A Cumulative Convertible Preferred Stock                                                                       |   | 10-Q                      |     | 000-27485 |    | 3.2    |        | 3/11/2011 |   |   |
| 4.1         |                | Warrants issued to J.H Brech                                                                                                                           |   | 10-Q                      |     | 000-27485 |    | 4.1    |        | 3/11/2011 |   |   |
| 4.2         |                | Warrant issued to Tom Anderson                                                                                                                         |   | 10-Q                      |     | 000-27485 |    | 4.2    |        | 3/11/2011 |   |   |
| 4.3         |                | Warrant issued to Redgie Green                                                                                                                         |   | 10-Q                      |     | 000-27485 |    | 4.3    |        | 3/11/2011 |   |   |
| 4.4         |                | Warrant issued to David Surginer                                                                                                                       |   | 10-Q                      |     | 000-27485 |    | 4.4    |        | 3/11/2011 |   |   |
| 4.5         |                | Warrant issued to Steven Weathers                                                                                                                      |   | 10-Q                      |     | 000-27485 |    | 4.5    |        | 3/11/2011 |   |   |
| 4.6         |                | Warrants issued to Cicerone Corporate Development                                                                                                      |   | 10-Q                      |     | 000-27485 |    | 4.6    |        | 3/11/2011 |   |   |
| 4.7         |                | Warrant issued to Avalon                                                                                                                               |   | 10-Q                      |     | 000-27485 |    | 4.7    |        | 3/11/2011 |   |   |
| 4.8         |                | Warrant issued to Aspenwood Capital                                                                                                                    |   | 10-Q                      |     | 000-27485 |    | 4.8    |        | 3/11/2011 |   |   |
| 10.1        |                | Amended and Restated Consulting Agreement with Cicerone Corporate Development, LLC and incorporated herein by reference.                               |   | 8-K                       |     | 000-27485 |    | 10     |        | 11/29/2010 |   |   |
| 10.2        |                | Promissory Note dated June 10, 2010 between Sun River Energy, Inc. and J.H. Brech, LLC. and incorporated herein by reference.                          |   | 10-Q                      |     | 000-27485 |    | 10     |        | 12/20/2010 |   |   |
| 10.3        |                | Promissory Note dated November 1, 2010 between Sun River Energy, Inc. and Cicerone Corporate Development, LLC. and incorporated herein by reference.   |   | 10-Q                      |     | 000-27485 |    | 10     |        | 12/20/2010 |   |   |
| 10.4        |                | Employment Agreement dated as of December 22, 2010 with Jay Leaver and incorporated herein by reference.                                               |   | 8-K                       |     | 000-27485 |    | 10     |        | 1/18/2011 |   |   |
| 10.5        |                | Settlement Agreement and Release and Covenant Not to Sue, dated January 10, 2011 and incorporated herein by reference.                                 |   | 8-K                       |     | 000-27485 |    | 10     |        | 1/14/2011 |   |   |
| 10.6        |                | Purchase and sale agreement with Peccary                                                                                                               |   | 10-Q                      |     | 000-27485 |    | 10     |        | 3/11/2011 |   |   |
| 21          |                | List of subsidiaries                                                                                                                                   |   | 10-Q                      |     | 000-27485 |    | 21     |        | 3/11/2011 |   |   |
| 31.1        |                | Certification of Chief Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.                                                    |   |                      |     |      |    |   |        |   |   | * |
| 31.2   |                | Certification of Chief Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.                                                    |   |                      |     |      |    |   |        |   |   |  *  |
| 32.1        |                | Certification of Chief Executive Officer pursuant to 18 U.S.C. § 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.      |   |                      |     |      |    |   |        |   |   | * |
| 32.2   |                | Certification of Chief Financial Officer pursuant to 18 U.S.C. § 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. |   |                      |     |      |    |   |        |   |   |  *  |

|                     |                               |                             |                               |   |
|--------------------------|------------------------------------|----------------------------------|------------------------------------|--------|
|                     | SUN RIVER ENERGY, INC.   |                             |
| Date: September 19, 2011 | By:                                | /s/ JF “Rick” Hoover |                               |
|                     |                               | Name:                            | JF “Rick” Hoover       |   |
|                     |                               | Title:                           | CFO (Principal Accounting Officer) |   |

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