Current Report Filing (8-k)

 

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): September 2, 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: [phone]

 

 

(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:

 

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

 

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

 

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

 

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

 

 

 

 

 

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Item 8.01 Other Events.

 

Borrowing Base Redetermination

 

On September 2, 2016 Sanchez Production Partners LP received notification that its lenders have completed their quarterly review of the Midstream Component of the company’s borrowing base pursuant to the terms of its credit facility.  Based on this review, the Midstream Component has been set at $158.7 million, resulting in a total borrowing base of $198.7 million.

 

 

 

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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: September 6, 2016

By:

/s/ Charles C. Ward

Charles C. Ward

Chief Financial Officer

 

 

 

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