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			Amended Partnership Agmt 8-4-15
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			<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:18pt;">UNITED STATES </font>
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			<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:18pt;">SECURITIES AND EXCHANGE COMMISSION </font>
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			<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;">Washington, D.C. 20549 </font>
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			<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:18pt;">FORM 8-K </font>
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			<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:13.5pt;">CURRENT REPORT </font>
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			<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;">Pursuant to Section&nbsp;13 or 15(d) of the </font>
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			<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;">Securities Exchange Act of 1934 </font>
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			<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;">Date of Report</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;"> &nbsp;(</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;">Date of earliest event reported</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;">)</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;">: &nbsp;</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;">August 3</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;">, 2015</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;">&nbsp;</font>
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			<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:24pt;">Sanchez Production</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:24pt;"> Partners L</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:24pt;">P</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:24pt;">&nbsp;</font>
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			<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">(Exact name of registrant as specified in its charter) </font>
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						<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">001-33147</font></p>
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						<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:7.5pt;">(State or other jurisdiction</font></p>
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						<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:7.5pt;">of incorporation)</font></p>
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						<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:7.5pt;">File Number)</font></p>
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						<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:7.5pt;">Identification No.)</font></p>
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						<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">1000</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;"> Main Street, Suite </font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">30</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">00</font></p>
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						<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">Houston, TX</font></p>
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						<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">77002</font></p>
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						<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:7.5pt;">(Address of principal executive offices)</font></p>
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			<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">Registrant&#x2019;s telephone number, including area code: (</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">713</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">)&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">783</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">-</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">80</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">00 </font>
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			<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">None</font>
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			<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:7.5pt;">(Former name or former address, if changed since last report.) </font>
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			<font style="display: inline;font-family:Times New Roman;font-size:10pt;">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: </font>
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						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) </font></p>
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						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) </font></p>
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						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) </font></p>
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						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) </font></p>
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		</p>
		<p><font size="1"> </font></p><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;;font-size: 11pt"><font style="display: inline;">&nbsp;</font>
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		<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 11pt">
			<font style="display: inline;">&nbsp;</font>
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		<p style="margin:0pt 0pt 12pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">Item 8.01</font><font style="display: inline;font-weight:bold;font-size:10pt;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;font-size:10pt;">Other Events.</font>
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		<p style="margin:0pt 0pt 12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;">On August 3, 2015, after the close of trading on the NYSE MKT LLC (the &#x201C;NYSE MKT&#x201D;), Sanchez Production Partners LP (the &#x201C;Partnership&#x201D;) effected a ten-for-one reverse unit split of its common units, and post-split units of the Partnership began trading on August 4, 2015.&nbsp;&nbsp;The Partnership previously announced the reverse unit split in its press release dated July 9, 2015.&nbsp;&nbsp;As a result of the reverse unit split, every ten pre-split common units of the Partnership were automatically exchanged for one post-split common unit, with each unitholder entitled to receive at least one post-split common unit.&nbsp;&nbsp;Immediately prior to the reverse unit split, there were </font><font style="display: inline;font-size:10pt;">31,495,506 </font><font style="display: inline;font-size:10pt;">common units of the Partnership issued and outstanding, with a per unit closing trading price on the NYSE MKT on August 3, 2015 of $</font><font style="display: inline;font-size:10pt;">1.55</font><font style="display: inline;font-size:10pt;">.&nbsp;&nbsp;Immediately after the reverse unit split, the number of issued and outstanding common units of the Partnership decreased to </font><font style="display: inline;font-size:10pt;">3,149,582</font><font style="display: inline;font-size:10pt;">,</font><font style="display: inline;font-size:10pt;"> not inclusive of shares required by DTCC due to the rounding up of fractional shares at the beneficial level,</font><font style="display: inline;font-size:10pt;"> and the per unit opening trading price on the NYSE MKT on August 4, 2015 increased to $</font><font style="display: inline;font-size:10pt;">14.35</font><font style="display: inline;font-size:10pt;">.&nbsp;&nbsp;In connection with the reverse unit split, the CUSIP number of the Partnership&#x2019;s common units changed to 79971C201 (ISIN US79971C2017).&nbsp;&nbsp;The Partnership&#x2019;s ticker symbol on the NYSE MKT, &#x201C;SPP,&#x201D; remains the same.</font>
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			<font style="display: inline;">&nbsp;</font>
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		<p style="margin:0pt;text-align:center;line-height:100%;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">SIGNATURES </font>
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		<p style="margin:9pt 0pt 0pt;text-indent:24.5pt;text-align:left;line-height:100%;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;font-size:10pt;">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. </font>
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						&nbsp;</p>
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						&nbsp;</p>
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						<font style="display: inline;">&nbsp;</font></p>
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					<p style="margin:0pt;text-align:left;line-height:100%;text-justify:inter-ideograph;font-family:Calibri;font-size: 11pt">
						&nbsp;</p>
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						&nbsp;</p>
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						&nbsp;</p>
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					<p style="margin:0pt;text-align:left;line-height:100%;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">SANCHEZ PRODUCTION</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;"> PARTNERS L</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">P</font></p>
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						&nbsp;</p>
					<p style="margin:0pt;text-align:left;line-height:100%;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">By: Sanchez Production Partners GP LLC, its general&nbsp;&nbsp;partner</font></p>
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						&nbsp;</p>
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						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Date: </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">August 4</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">, 2015</font></p>
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						&nbsp;</p>
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						<font style="display: inline;">&nbsp;</font></p>
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						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">By:</font></p>
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					<p style="margin:0pt;text-align:left;line-height:100%;text-justify:inter-ideograph;font-family:Calibri;font-size: 7pt">
						<font style="display: inline;">&nbsp;</font></p>
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					<p style="margin:5pt 0pt 5pt 12pt;text-indent: -12pt;text-align:center;line-height:100%;text-justify:inter-ideograph;font-family:Calibri;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;font-size:12pt;">/s/ Charles C. Ward</font></p>
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					<p style="margin:0pt;line-height:normal;text-align:left;text-justify:inter-ideograph;font-family:Calibri;font-size: 12pt">
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						&nbsp;</p>
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					<p style="margin:0pt;text-align:center;line-height:100%;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">Charles C. Ward</font></p>
					<p style="margin:0pt 0pt 0.75pt;text-align:center;line-height:100%;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">Chief Financial Officer</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;"> and Secretary</font></p>
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			<font style="display: inline;">&nbsp;</font>
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{"company-data": {"conformed-name": "Sanchez Production Partners LP", "cik": "0001362705", "assigned-sic": "1311", "irs-number": "113742489", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-33147", "film-number": "151026074"}, "business-address": {"street1": "1000 MAIN STREET", "street2": "SUITE 3000", "city": "HOUSTON", "state": "TX", "zip": "77002", "phone": "(713) 756-2775"}, "mail-address": {"street1": "1000 MAIN STREET", "street2": "SUITE 3000", "city": "HOUSTON", "state": "TX", "zip": "77002"}, "former-company": [{"former-conformed-name": "Sanchez Production Partners LLC", "date-changed": "20141006"}, {"former-conformed-name": "Constellation Energy Partners LLC", "date-changed": "20060808"}, {"former-conformed-name": "Constellation Energy Resources LLC", "date-changed": "20060515"}]}
Amended Partnership Agmt 8-4-15
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
)
:
August 3
, 2015
Sanchez Production
Partners L
P
(Exact name of registrant as specified in its charter)
Delaware
001-33147
11-3742489
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
1000
Main Street, Suite
30
00
Houston, TX
77002
(Address of principal executive offices)
(Zip Code)
Registrant's telephone number, including area code: (
713
)
783
-
80
00
None
(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))
Item 8.01
Other Events.
On August 3, 2015, after the close of trading on the NYSE MKT LLC (the "NYSE MKT"), Sanchez Production Partners LP (the "Partnership") effected a ten-for-one reverse unit split of its common units, and post-split units of the Partnership began trading on August 4, 2015.  The Partnership previously announced the reverse unit split in its press release dated July 9, 2015.  As a result of the reverse unit split, every ten pre-split common units of the Partnership were automatically exchanged for one post-split common unit, with each unitholder entitled to receive at least one post-split common unit.  Immediately prior to the reverse unit split, there were
31,495,506
common units of the Partnership issued and outstanding, with a per unit closing trading price on the NYSE MKT on August 3, 2015 of $
1.55
.  Immediately after the reverse unit split, the number of issued and outstanding common units of the Partnership decreased to
3,149,582
,
not inclusive of shares required by DTCC due to the rounding up of fractional shares at the beneficial level,
and the per unit opening trading price on the NYSE MKT on August 4, 2015 increased to $
14.35
.  In connection with the reverse unit split, the CUSIP number of the Partnership's common units changed to 79971C201 (ISIN US79971C2017).  The Partnership's ticker symbol on the NYSE MKT, "SPP," remains the same.
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 L
P
By: Sanchez Production Partners GP LLC, its general  partner
Date:
August 4
, 2015
By:
/s/ Charles C. Ward
Charles C. Ward
Chief Financial Officer
and Secretary