|   |   |                                                                                    |
|--------|--------|-----------------------------------------------------------------------------------------|
| 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 |   |
|   |                      |   |                |   |                    |   |

----

| SUN RIVER ENERGY, INC. |
|------------------------|
| TABLE OF CONTENTS      |
|                   |   |   |   |   |
|                   |   |   |   |   |
|                   | PART I—FINANCIAL INFORMATION |   |   |   |
|                   |   |   |   |   |
|                   | Item 1. Financial statements |   |   | 3 |
|                   |   |   |   |   |
|                   | Item 2. Management’s discussion and analysis of financial condition and results of operations |   |   | 12 |
|                   |   |   |   |   |
|                   | Item 3. Quantitative and qualitative disclosures about market risk |   |   | 14 |
|                   |   |   |   |   |
|                   | Item 4. Controls and procedures |   |   | 14 |
|                   |   |   |   |   |
|                   | PART II—OTHER INFORMATION |   |   |   |
|                   |   |   |   |   |
|                   | Item 1. Legal proceedings |   |   | 14 |
|                   |   |   |   |   |
|                   | Item 1A. Risk factors |   |   | 15 |
|                   |   |   |   |   |
|                   | Item 2. Unregistered sales of equity securities and use of proceeds |   |   | 15 |
|                   |   |   |   |   |
|                   | Item 3. Defaults upon senior securities |   |   | 15 |
|                   |   |   |   |   |
|                   | Item 4. (Removed and reserved) |   |   | 15 |
|                   |   |   |   |   |
|                   | Item 5. Other information |   |   | 15 |
|                   |   |   |   |   |
|                   | Item 6. Exhibits |   |   | 16 |
|                   |   |   |   |   |

----

|                                                                        |   | July 31,    |                                                                                              | April 30, |
|-----------------------------------------------------------------------------|--------|-------------|---------------------------------------------------------------------------------------------------|-----------|
|                                                                        |   | 2012        |                                                                                              | 2012      |
|                                                                        |   | (Unaudited) |                                                                                              |      |
| Assets                                                                      |   |        |                                                                                              |      |   |   |   |   |
| Current assets                                                              |   |        |                                                                                              |      |   |   |   |   |
| Cash and cash equivalents                                                   |   | $           | 399                                                                                               |      |   | $ | 128 |   |
| Accounts receivable, net                                                    |   |        | 44                                                                                                |      |   |   | 17 |   |
| Total current assets                                                        |   |        | 443                                                                                               |      |   |   | 145 |   |
| Oil and gas properties—net, based on full cost                        |   |        |                                                                                              |      |   |   |   |   |
| method of accounting:                                                       |   |        |                                                                                              |      |   |   |   |   |
| Property subject to amortization                                            |   |        | 155                                                                                               |      |   |   | 155 |   |
| Property not evaluated and not subject to amortization                      |   |        | 12,045                                                                                            |      |   |   | 12,527 |   |
| Furniture, fixtures, and equipment, net                                     |   |        | 75                                                                                                |      |   |   | 78 |   |
| Total assets                                                                |   | $           | 12,718                                                                                            |      |   | $ | 12,905 |   |
| Liabilities and stockholders' equity (deficit)                              |   |        |                                                                                              |      |   |   |   |   |
| Current liabilities                                                         |   |        |                                                                                              |      |   |   |   |   |
| Accounts payable and accrued expenses                                       |   | $           |          3,152                                       |      |   | $ |               3,045 |   |
| Accrued expenses – related parties                                    |   |        |             723                       |      |   |   |               6,194 |   |
| Asset retirement obligations – current                                |   |        |             125                       |      |   |   |                  125 |   |
| Notes payable                                                               |   |        |             620                       |      |   |   |                  474 |   |
| Notes payable – related party                                         |   |        |          9,616                                       |      |   |   |               4,225 |   |
| Total current liabilities                                                   |   |        |        14,236                                                  |      |   |   |             14,063 |   |
| Asset retirement obligations, net of current portion                        |   |        |                 3 |      |   |   |                      3 |   |
| Total liabilities                                                           |   |        |        14,239                                                  |      |   |   |             14,066 |   |
| Commitments and contingencies                                               |   |        |                                                                                              |      |   |   |   |   |
| Stockholders’ equity                                                  |   |        |                                                                                              |      |   |   |   |   |
| Preferred Stock, 8,750,000 shares authorized, par value $.01 No shares were |   |        |  -                                                                                           |      |   |   |  - |   |
| issued and outstanding as of July 31, and April 30, 2012                    |   |        |                                                                                              |      |   |   |   |   |
| 8% Series A cumulative convertible preferred stock, par value $.01;         |   |        |                 1 |      |   |   |                      1 |   |
| authorized 1,250,000 shares, 50,000 shares issued and outstanding as of     |   |        |                                                                                              |      |   |   |   |   |
| July 31, and April 30, 2012                                                 |   |        |                                                                                              |      |   |   |   |   |
| Common stock — $.0001 par value; authorized 100,000,000 shares:       |   |        | 4                                                                                                 |      |   |   | 3 |   |
| 33,562,369 shares and 41,193,670 shares are issued and outstanding as of    |   |        |                                                                                              |      |   |   |   |   |
| July 31, and April 30, 2012, respectively                                   |   |        |                                                                                              |      |   |   |   |   |
| Additional paid-in-capital                                                  |   |        |        42,560                                                  |      |   |   |             39,862 |   |
| Accumulated deficit                                                         |   |        |       (44,086)                                                      |      |   |   |            (41,027) |   |
| Total stockholders’ equity                                            |   |        |         (1,521)                                           |      |   |   |              (1,161) |   |
| Total liabilities and stockholders' equity                                  |   | $           |        12,718                                                  |      |   | $ |             12,905 |   |

----

| SUN RIVER ENERGY, INC.                                                                  |
|-----------------------------------------------------------------------------------------|
| Consolidated Statements of Operations                                                   |
| (Unaudited, in thousands, except for per share data)                                    |
|                                                                                    |   |   |
|                                                                                    | For the three months ended, |   |
|                                                                                    |   | July 31, |   |
|                                                                                    |   | 2012 |   |   | 2011 |   |
|                                                                                    |   |   |   |   |   |   |   |   |
| Revenues                                                                                |   | $ |                    21 |   |   | $ |                111 |   |
|                                                                                    |   |   |   |   |   |   |   |   |
| Operational expenses:                                                                   |   |   |   |   |   |   |   |   |
| Lease operating expense and taxes                                                       |   |   |                    28 |   |   |   |                160 |   |
| Depreciation, depletion and amortization                                                |   |   |                      3 |   |   |   |                  41 |   |
| General and administrative                                                              |   |   | 2,927 |   |   |   |             2,456 |   |
|                                                                                    |   |   |   |   |   |   |   |   |
| Total operational expenses                                                              |   |   |              2,958 |   |   |   |             2,657 |   |
|                                                                                    |   |   |   |   |   |   |   |   |
| Loss from operations                                                                    |   |   |             (2,937) |   |   |   |            (2,546) |   |
|                                                                                    |   |   |   |   |   |   |   |   |
| Other income (expense)                                                                  |   |   |   |   |   |   |   |   |
| Interest expense                                                                        |   |   |                (122) |   |   |   |               (105) |   |
|                                                                                    |   |   |   |   |   |   |   |   |
| Net loss applicable to common stockholders                                              |   |             (3,059) |   |   |   |            (2,651) |   |
|                                                                                    |   |   |   |   |   |   |   |   |
| Per share information                                                                   |   |   |   |   |   |   |   |   |
| Net loss per common share                                                               |   |   |   |   |   |   |   |   |
| Basic and diluted                                                                       |   | $ |               (0.08) |   |   | $ |              (0.09) |   |
|                                                                                    |   |   |   |   |   |   |   |   |
| Weighted average number                                                                 |   |   |   |   |   |   |   |   |
| of common stock outstanding                                                             |   |   | 38,687,310 |   |   |   | 29,327,891 |   |
|                                                                                    |   |   |   |   |   |   |   |   |
| 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,                   |                                                                                              |
|                                                                                |   | 2012                       |                                                                                              |   | 2011   |   |
| Cash flows from operating activities:                                               |   |                       |                                                                                              |   |   |   |
| Net loss                                                                            |   | $                          |         (3,059)                                           |   |   | $      |         (2,651)                                       |   |
| Adjustments to reconcile net loss to net cash used in operating activities:         |   |                       |                                                                                              |   |   |   |                                                                                          |   |
| Depreciation, depletion, amortization, and accretion of asset retirement obligation |   |                       |                 3 |   |   |   |               41        |   |
| Equity issued for services                                                          |   |                       |          2,501                                       |   |   |   |          1,092                                   |   |
| Changes in current assets and liabilities:                                          |   |                       |                                                                                              |   |   |   |                                                                                          |   |
| Decrease (increase) in accounts receivable                                          |   |                       |              (27)                |   |   |   |             138                   |   |
| Increase in accounts payable and accrued liabilities                                |   |                       | 35                                                                                                |   |   |   |             945                   |   |
| Decrease in other assets and other liabilities                                      |   |                       |                -       |   |   |   |                (5) |   |
| Net cash used in operating activities                                               |   |                       |            (547)                           |   |   |   |            (440)                       |   |
|                                                                                |   |                       |                                                                                              |   |   |   |                                                                                          |   |
| Cash flows from investing activities:                                               |   |                       |                                                                                              |   |   |   |                                                                                          |   |
| Investment in oil and gas properties                                                |   |                       |              (18)                |   |   |   |         (1,318)                                       |   |
| Proceeds from sale of mineral interest                                              |   |                       |             500                       |   |   |   |                -   |   |
| Net cash provided by (used in) investing activities                                 |   |                       |             482                       |   |   |   |         (1,318)                                       |   |
|                                                                                |   |                       |                                                                                              |   |   |   |                                                                                          |   |
| Cash flows from financing activities:                                               |   |                       |                                                                                              |   |   |   |                                                                                          |   |
| Preferred stock issued for cash                                                     |   |                       |                -       |   |   |   |             855                   |   |
| Proceeds from notes payable                                                         |   |                       |             150                       |   |   |   |                -   |   |
| Proceeds from sale of common stock                                                  |   |                       |             190                       |   |   |   |                -   |   |
| Payments on notes payable                                                           |   |                       |                (4)     |   |   |   |                (3) |   |
| Net cash provided by (used in) financing activities                                 |   |                       |             336                       |   |   |   |             852                   |   |
| Net (decrease) increase in cash                                                     |   |                       |             271                       |   |   |   |            (906)                       |   |
| Cash and cash equivalents — beginning of period                               |   |                       |             128                       |   |   |   |          1,489                                   |   |
|                                                                                |   |                       |                                                                                              |   |   |   |                                                                                          |   |
| Cash and cash equivalents — end of period                                     |   | $                          |             399                       |   |   | $      |             583                   |   |
|                                                                                |   |                       |                                                                                              |   |   |   |                                                                                          |   |
|                                                                                |   |                       |                                                                                              |   |   |   |                                                                                          |   |

| Supplemental Disclosure of Cash Flow Information:                                   |   |   |   |   |   |   |
|-------------------------------------------------------------------------------------|--------|--------|--------|--------|--------|--------|
| Cash paid for interest expense                                                      |   | $      | 3      |   |   | $      | 5 |   |
|                                                                                |   |   |   |   |   |   |   |   |
| Issuance of common stock for payment of dividends on preferred stock conversion     |   | $      | -      |   |   | $      | 6 |   |
|                                                                                |   |   |   |   |   |   |   |   |
| Issuance of common stock for payment of accounts payable                            |   | $      | 8      |   |   | $      | - |   |
| Issuance of note payable – related party for settlement of breach of contract |   | $      | 1,087  |   |   | $      | - |   |

----

|       |                                                                                                                                              | Developed Acres (A) |   |   | Undeveloped Acres (A) |   |   | Total Acres |   |
|------------|---------------------------------------------------------------------------------------------------------------------------------------------------|---------------------|--------|--------|-----------------------|--------|--------|-------------|--------|
| Location   |                                                                                                                                              | Gross               |   |   | Net                   |   |   | Gross       |   |   | Net |   |   | Gross |   |   | Net |   |
|       |                                                                                                                                              |                |   |   |                  |   |   |        |   |   |   |   |   |   |   |   |   |   |
|       |                                                                                                                                              |                |   |   |                  |   |   |        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| New Mexico |                                                                                                                                              |                | 0      |   |                  |   | 0      |        |   |   | 201,844 |   |   |   | 190,638 |   |   |   | 201,844 |   |   |   | 190,638 |   |
| Texas      |                                                                                                                                              |                | 2,554  |   |                  |   | 2,239  |        |   |   | 2,370 |   |   |   | 2,253 |   |   |   | 4,925 |   |   |   | 4,492 |   |
| Total      |                                                                                                                                              |                | 2,554  |   |                  |   | 2,239  |        |   |   | 204,214 |   |   |   | 192,891 |   |   |   | 206,769 |   |   |   | 195,130 |   |
| (A)        | Undeveloped acreage may be contained in acreage that is held by production, or has been unitized with acreage that is currently under production. |

----

|   | ● | The Company is attempting to settlement of its $4,000,000 note payable - related party obligation with assignment of certain mineral rights that the Company was not anticipating to develop; and/or                                              |
|--------|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | ● | Sun River has raised capital in a Preferred Stock offering, and the Company is currently attempting to raise additional equity through the sale of additional common stock and will utilize any proceeds to improve their working capital; and/or |
|   | ● | The Company may sell a portion of our mineral rights to improve our working capital, 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 July 31,  2012 |   | $                 | 0      |   |              | $      | 152    |      |   | $      | (125                   | )      |   | $      | 128    |   |   | $ | 155 |   |
|                                |   |              |   |   |              |   |   |      |   |   |                   |   |   |   |   |   |   |   |   |   |

| Unevaluated Properties                |   | Acquisition Costs |    |   | Development Costs |   |   | Impairment of Properties |   |   | Asset Retirement Costs |   |   | Total  |   |
|---------------------------------------|--------|-------------------|---------|--------|-------------------|--------|--------|--------------------------|--------|--------|------------------------|--------|--------|--------|--------|
| Total at April 30, 2012               |   | $                 | 13, 426 |   |              |   | -      |                     |   | $      | (899                   | )      |   |   | -      |   |   | $ | 12,527 |   |
| Activity-May 1, 2012 to July 31, 2012 |   |              | (482)   |   |              |   |   |                     |   |   |                   |   |   |   |   |   |   |   | (482) |   |
| Balance at July 31,  2012   |   | $                 | 12,944  |   |              |   |   |                     |   | $      | (899                   | )      |   |   |   |   |   | $ | 12,045 |   |
|                                  |   |              |    |   |              |   |   |                     |   |   |                   |   |   |   |   |   |   |   |   |   |

----

| Notes Payable                                             |   |   |      |
|-----------------------------------------------------------|--------|--------|-----------|
| Balance as of April 30, 2012                              |   | $      | 474,000   |   |
| Proceeds                                                  |   |   | 150,000   |   |
| Payments                                                  |   |   | (4,000    | ) |
| Balance as of July 31, 2012                               |   | $      | 620,000   |   |
|                                                      |   |   |      |   |
| Notes payable - related parties                           |   |   |      |   |
| Balance as of April 30, 2012                              |   | $      | 4,225,000 |   |
| Proceeds                                                  |   |   | -         |   |
| Conversions from accounts payable – related parties |   |   | 5,391,000 |   |
| Balance as of July 31, 2012                               |   | $      | 9,616,000 |   |

| Name                | Relation to the company | Relation to the vendor | Vendor           | Invoiced | Amount paid in cash | Related party's interest | Service provided/assets sold                  |
|---------------------|-------------------------|------------------------|------------------|----------|---------------------|--------------------------|-----------------------------------------------|
| Donal R Schmidt     | CEO                     | Co-owner               | S&W Aircraft | $69,450  | $49,500             | 50%                      | Air travel to CEO and other required parties. |
| Thimothy S. Wafford | COO                     | Co-owner               | S&W Aircraft | $69,450  | $49,500             | 50%                      | Air travel to CEO and other required parties. |

----

|   | (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.                                                                                        |

----

|   | ● | The Company will evaluate the possibility of settlement of this obligation with issuance of additional shares to the creditor; or                                                                                                                           |
|--------|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | ● | Sun River has raised capital in a Preferred Stock offering, and the Company is currently raising additional equity through the sale of additional common stock or preferred 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 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.                                                                                           |

----

| DATE OF SALE                                 |   | TITLE OFSECURITIES |   | NO. OFSHARES |   | CONSIDERATION                  |   | CLASS OFPURCHASER                  |
|----------------------------------------------|--------|--------------------|--------|--------------|--------|--------------------------------|--------|------------------------------------|
| August 29, 2012                              |   | Common Stock       |   | 200,000      |   | Consulting Services            |   | Stockholder                        |
| July 27, 2012 through September 5, 2012 |   | Common Stock       |   | 735,938      |   | Services                       |   | Directors, Officers, and Employees |
| September 11, 2012                           |   | Common Stock       |   | 600,000      |   | Settlement of accounts payable |   | Stockholder                        |

----

|       |                |                                                                             |   | Incorporated by Reference |     |      |    |   |        |
|------------|---------------------|----------------------------------------------------------------------------------|--------|---------------------------|----------|-----------|---------|--------|-------------|
| ExhibitNo. | 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 |   |   |
| 4.5        |                | Warrant issued to Steven Weathers                                                |   | 10-Q                      |     | 000-27485 |    | 4.5    |        | 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 |   | Secured Convertible Promissory Note to Donal R. Schmidt, Jr. and incorporated herein by reference.                                |   | 8-K    |   | 000-27485 |   | 10.1   |   | 06/08/2012 |   |   |
|------|--------|-----------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|-----------|--------|--------|--------|------------|--------|--------|
| 10.2 |   | Secured Convertible Promissory Note to Thimothy S Wafford and incorporated herein by reference.                                   |   | 8-K-Q  |   | 000-27485 |   | 10.2   |   | 06/08/2012 |   |   |
| 10.3 |   | Secured Convertible Promissory Note to James E. Pennington. and incorporated herein by reference.                                 |   | 8-K    |   | 000-27485 |   | 10.3   |   | 06/08/2012 |   |   |
| 10.4 |   | Mortgage, Security Agreement, Financing Statement, and Assignment of Production and Revenue and incorporated herein by reference. |   | 8-K    |   | 000-27485 |   | 10.4   |   | 06/08/2012 |   |   |
| 10.5 |   | Contract for Sale with Mericol, Inc. and incorporated herein by reference.                                                        |   | 8-K    |   | 000-27485 |   | 10     |   | 07/30/2012 |   |   |
| 10.6 |   | Convertible Promissory Note to Thomas Schaefer                                                                                    |   |   |   |      |   |   |   |       |   | *      |

----

| 10.7 |   | Convertible Promissory Note to JMJ Financial (“JMJ”) in aggregate principal amounts of $1,250,000 dated March 8, 2012                 |   | 10-Q   |   | 000-27485 |   | 10.1   |   | 03/08/2012 |   |   |
|------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|-----------|--------|--------|--------|------------|--------|--------|
| 10.8 |   | Convertible Promissory Note to Jay Leaver                                                                                                         |   |   |   |      |   |   |   |       |   | *      |
| 21   |   | List of subsidiaries                                                                                                                              |   | 10-K   |   | 000-27485 |   | 21     |   | 6/22/2011  |   |   |
| 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 21, 2012 | By:                    | /s/ JF “Rick” Hoover |                               |
|                     |                   | Name:                            | JF “Rick” Hoover       |   |
|                     |                   | Title:                           | CFO (Principal Accounting Officer) |   |

----