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): November 16, 2016

 

Sanchez Production Partners LP

(Exact name of registrant as specified in its charter)

 

Delaware

 

001-33147

 

11-3742489

(State or other jurisdiction of

 

(Commission

 

(IRS Employer

incorporation)

 

File Number)

 

Identification No.)

 

1000 Main Street, Suite 3000

 

 

Houston, TX

 

77002

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code: (713) 783-8000

 

 

(Former name or former address, if changed since last report.)

 

Check the 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:

 

o  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 



 

Item 8.01              Other Events.

 

On November 16, 2016, Sanchez Energy Corporation (“SN”) committed to purchase $25 million of common units of Sanchez Production Partners LP (the “Partnership”) in a private placement exempt from registration under the Securities Act of 1933, as amended, at a purchase price to be determined by a pricing committee of the board of directors of the general partner of the Partnership (the “Board”).  The Board and the conflicts committee of the Board approved the issuance of such common units pursuant to a purchase agreement to be negotiated and finalized between the Partnership and SN.

 

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.

 

 

 

SANCHEZ PRODUCTION PARTNERS LP

 

 

 

By:

Sanchez Production Partners GP LLC,

 

 

its general partner

 

 

 

 

 

 

Date: November 16, 2016

 

By:

/s/ Charles C. Ward

 

 

 

Charles C. Ward

 

 

 

Chief Financial Officer

 

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