Table of Contents Table of Contents 2 List of Tables 4 List of Figures 5 Company Snapshot 8 Key Information 8 Company Overview 8 Sanchez Production Partners LP, Valuation and Financial Data 9 Sanchez Production Partners LP, Share Price Performance 9 Share Price Performance, Q1, 2015-Q1, 2016 9 Sanchez Production Partners LP, Key Valuation Metrics 10 Key Valuation Metrics, Q1, 2015-Q1, 2016 10 Sanchez Production Partners LP, Quarterly Results of Oil & Gas Operations Per boe Produced 11 Results of Oil & Gas Operations Per boe Produced, Q1, 2015-Q1, 2016 11 Results of Oil & Gas Operations Per boe Growth Rates, Q1, 2015-Q1, 2016 12 Sanchez Production Partners LP, Quarterly E&P Costs Trends 13 Upstream Capital Expenditure, Q1, 2015-Q1, 2016 13 Sanchez Production Partners LP, Quarterly Production Trends 14 Sanchez Production Partners LP, Total Oil and Gas Production 14 Total Crude Oil and Natural Gas Production Trend, Q1, 2015-Q1, 2016 14 Total Crude Oil & Natural Gas Production, By Country/Region, Q1, 2015-Q1, 2016 15 Sanchez Production Partners LP, Crude Oil Production 16 Total Crude Oil Production Trend, Q1, 2015-Q1, 2016 16 Crude Oil Production, By Country/Region, Q1, 2015-Q1, 2016 17 Sanchez Production Partners LP, Natural Gas Production 18 Total Natural Gas Production Trend, Q1, 2015-Q1, 2016 18 Natural Gas Production, By Country/Region, Q1, 2015-Q1, 2016 19 Sanchez Production Partners LP, Valuation and Financial Data, 2011-2015 20 Sanchez Production Partners LP, Share Price Performance, 2011-2015 20 Share Price Performance, 2011-2015 20 Key Valuation Metrics, 2011-2015 21 Sanchez Production Partners LP, Production and Reserves Trends 22 Total Oil and Gas, Reserves and Production 22 Total Crude Oil and Natural Gas Production and Reserves Trend, 2011-2015 22 Total Crude Oil & Natural Gas Production and Reserves By Country/Region, 2011-2015 23 Total Crude Oil and Natural Gas Reserve Changes, 2011-2015 25 Crude Oil/Liquids Production and Reserve 26 Crude Oil/Liquids Production and Reserve Trend, 2011-2015 26 Crude Oil Production and Reserves By Country/Region, 2011-2015 27 Crude Oil/Liquids Reserve Changes, 2011-2015 29 Natural Gas Production and Reserve 30 Natural Gas Production and Reserve Trend, 2011-2015 30 Natural Gas Production and Reserves, By Country/Region, 2011-2015 31 Natural Gas Reserve Changes, 2011-2015 33 Total Crude Oil and Natural Gas Reserves Life Index 34 Total Crude Oil and Natural Gas Reserves Life Index, 2011-2015 34 Total Crude Oil and Natural Gas Reserves Life Index, By Country/Region, 2011-2015 35 Sanchez Production Partners LP, E&P Costs Trends 37 Allocation of the Upstream Capital Expenditure 37 Upstream Capital Expenditure, 2011-2015 37 Acquisition Costs By Country/Region, 2011-2015 38 Exploration and Development Costs, By Country/Region, 2011-2015 40 Oil and Gas Cost Per boe, US$/boe 41 Oil and Gas Cost Per boe, US$/boe, 2011-2015 41 Oil and Gas Cost Per boe, US$/boe, By Country/Region, 2011-2015 43 Sanchez Production Partners LP, Reserve Replacement Ratio 45 Oil and Gas Production Replacement Ratio 45 Oil and Gas Production Replacement Ratio, 2011-2015 45 Oil and Gas Production Replacement Ratio, By Country/Region, 2011-2015 47 Sanchez Production Partners LP, Results of Oil & Gas Operations Trend 51 Oil and Gas Revenue and Expenses 51 Oil and Gas Revenue and Expenses, 2011-2015 51 Oil and Gas Revenue and Expenses, By Country/Region, 2011-2015 52 Oil and Gas Revenue and Expenses, Per boe 56 Oil and Gas Revenue and Expenses, By boe, 2011-2015 56 Oil and Gas Revenue and Expenses Per boe, By Country/Region, 2011-2015 57 Oil and Gas Performance Metrics 60 Sanchez Production Partners LP, Land Holdings and Well Data 61 Developed and Undeveloped Acreage 61 Gross and Net Developed and Undeveloped Acreage, 2011-2015 61 Gross and Net Developed and Undeveloped Acreage, By Country/Region, 2011-2015 62 Well Statistics 65 Producible Oil and Gas Well, 2011-2015 65 Producible Oil and Gas Well, By Country/Region, 2011-2015 66 Exploration and Development Wells Drilled, 2011-2015 70 Recent Developments 71 Sanchez Production Partners LP - Recent Developments 71 Aug 12, 2016: Sanchez Production Partners Reports Second Quarter 2016 Results 71 May 16, 2016: Sanchez Production Partners Reports First Quarter 2016 Results 73 Mar 30, 2016: Sanchez Production Partners Reports Fourth Quarter And Full Year 2015 Results 75 Nov 12, 2015: Sanchez Production Partners Reports Third Quarter 2015 Results; Announces Unit Repurchase Program And 2016 Forecast 78 Oct 22, 2015: Sanchez Energy Announces Third Quarter 2015 Operating Results 81 Oct 14, 2015: Sanchez Production Partners Provides Management Updates 82 Aug 13, 2015: Sanchez Production Partners Reports Second Quarter 2015 Results 83 May 15, 2015: Sanchez Production Partners Reports First Quarter 2015 Results And Provides Management Update 84 Mar 11, 2015: Sanchez Production Partners Announces The Departure Of Stephen R. Brunner, President And CEO 87 Mar 09, 2015: Sanchez Production Partners: Conversion From Limited Liability Company To Limited Partnership Complete 87 Appendix 88 Methodology 88 Coverage 88 Secondary Research 88 Primary Research 88 Data Information Sources 89 Company Source 89 SEC/Other Regulatory Filings 89 Other Sources 89 Expert Panel Validation 89 Data Definition 89 Oil and Gas Reserves 89 Units of Measure 90 About GlobalData 90 Disclosure 90 Disclaimer 90

List of Tables Table 1: Sanchez Production Partners LP, Key Facts 8 Table 2: Sanchez Production Partners LP, Share Price Performance, Q1, 2015-Q1, 2016 9 Table 3: Sanchez Production Partners LP, Key Valuation Metrics, Q1, 2015-Q1, 2016 10 Table 4: Sanchez Production Partners LP, Results of Oil & Gas Operations Per boe Produced, US$/boe, Q1, 2015-Q1, 2016 11 Table 5: Sanchez Production Partners LP, Results of Oil & Gas Operations Per boe Growth Rates, %, Q1, 2015-Q1, 2016 12 Table 6: Sanchez Production Partners LP, Upstream Capital Expenditure, Q1, 2015-Q1, 2016 13 Table 7: Sanchez Production Partners LP, Total Crude Oil and Natural Gas, Production, Q1, 2015-Q1, 2016 14 Table 8: Sanchez Production Partners LP, Total Oil & Gas Production, By Country/Region, mmboe, Q1, 2015-Q1, 2016 15 Table 9: Sanchez Production Partners LP, Total Crude Oil Production, mmbbl, Q1, 2015-Q1, 2016 16 Table 10: Sanchez Production Partners LP, Crude Oil Production, By Country/Region, mmbbl, Q1, 2015-Q1, 2016 17 Table 11: Sanchez Production Partners LP, Total Natural Gas Production, bcf, Q1, 2015-Q1, 2016 18 Table 12: Sanchez Production Partners LP, Natural Gas Production, By Country/Region, bcf, Q1, 2015-Q1, 2016 19 Table 13: Sanchez Production Partners LP, Share Price Performance, 2011-2015 20 Table 14: Sanchez Production Partners LP, Key Valuation Metrics, 2011-2015 21 Table 15: Sanchez Production Partners LP, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2011-2015 22 Table 16: Sanchez Production Partners LP, Total Crude Oil & Natural Gas Production and Reserves, By Country/Region, mmboe, 2011-2015 24 Table 17: Sanchez Production Partners LP, Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2011-2015 25 Table 18: Sanchez Production Partners LP, Crude Oil Production and Reserves Metrics, mmbbl, 2011-2015 26 Table 19: Sanchez Production Partners LP, Crude Oil Production and Reserves, By Country/Region, mmbbl, 2011-2015 28 Table 20: Sanchez Production Partners LP, Crude Oil Reserve Changes, mmbbl, 2011-2015 29 Table 21: Sanchez Production Partners LP, Natural Gas Production and Reserves Metrics, bcf, 2011-2015 30 Table 22: Sanchez Production Partners LP, Natural Gas Production and Reserves, By Country/Region, bcf, 2011-2015 32 Table 23: Sanchez Production Partners LP, Natural Gas Reserve Changes, bcf, 2011-2015 33 Table 24: Sanchez Production Partners LP, Oil and Gas Reserves Life Index, Years, 2011-2015 34 Table 25: Sanchez Production Partners LP, Oil and Gas Reserves Life Index, By Country/Region, Years, 2011-2015 36 Table 26: Sanchez Production Partners LP, Upstream Capital Expenditure, US$ mil, 2011-2015 37 Table 27: Sanchez Production Partners LP, Proved and Unproved Acquisition Costs, By Country/Region, US$ mil, 2011-2015 39 Table 28: Sanchez Production Partners LP, Exploration and Development Costs, By Country/Region, US$ mil, 2011-2015 40 Table 29: Sanchez Production Partners LP, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2011-2015 42 Table 30: Sanchez Production Partners LP, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, By Country/Region, 2011-2015 44 Table 31: Sanchez Production Partners LP, Oil and Gas Production Replacement Ratio, %, 2011-2015 46 Table 32: Sanchez Production Partners LP, 3-Year Wt.Avg. Oil and Gas Production Replacement Ratio, By Country/Region, %, 2011-2015 50 Table 33: Sanchez Production Partners LP, Revenue and Expenses, US$ mil, 2011-2015 51 Table 34: Sanchez Production Partners LP, Revenue and Expenses, By Country/Region, US$ mil, 2011-2015 55 Table 35: Sanchez Production Partners LP, Oil and Gas Revenue and Expenses, US$/boe, 2011-2015 56 Table 36: Sanchez Production Partners LP, Oil and Gas Revenue and Expenses, US$/boe, By Country/Region, 2011-2015 59 Table 37: Sanchez Production Partners LP, Oil and Gas Performance Metrics, 2011-2015 60 Table 38: Sanchez Production Partners LP, Land Holdings (Developed and Undeveloped Acreage), Acres, 2011-2015 61 Table 39: Sanchez Production Partners LP, Land Holdings (Developed and Undeveloped Acreage), By Country/Region, Acres, 2011-2015 64 Table 40: Sanchez Production Partners LP, Producible Oil and Gas Wells, 2011-2015 65 Table 41: Sanchez Production Partners LP, Producible Oil and Gas Wells, By Country/Region, 2011-2015 69 Table 42: Sanchez Production Partners LP, Exploratory and Developed Wells, 2011-2015 70 List of Figures Figure 1: Sanchez Production Partners LP, Share Price Performance, USD/Share, Q1, 2015-Q1, 2016 9 Figure 2: Sanchez Production Partners LP, Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve ($/boe), Q1, 2015-Q1, 2016 10 Figure 3: Sanchez Production Partners LP, Results of Oil & Gas Operations Per boe Produced, US$/boe, Q1, 2015-Q1, 2016 11 Figure 4: Sanchez Production Partners LP, Upstream Capital Expenditure, US$ mil, Q1, 2015-Q1, 2016 13 Figure 5: Sanchez Production Partners LP, Total Crude Oil and Natural Gas, Production, mmboe, Q1, 2015-Q1, 2016 14 Figure 6: Sanchez Production Partners LP, Total Oil & Gas Production, By Country/Region, mmboe, Q1, 2015-Q1, 2016 15 Figure 7: Sanchez Production Partners LP, Total Crude Oil Production, mmbbl, Q1, 2015-Q1, 2016 16 Figure 8: Sanchez Production Partners LP, Crude Oil Production, By Country/Region, mmbbl, Q1, 2015-Q1, 2016 17 Figure 9: Sanchez Production Partners LP, Total Natural Gas Production, bcf, Q1, 2015-Q1, 2016 18 Figure 10: Sanchez Production Partners LP, Natural Gas Production, By Country/Region, bcf, Q1, 2015-Q1, 2016 19 Figure 11: Sanchez Production Partners LP, Share Price Performance, USD/Share, 2011-2015 20 Figure 12: Sanchez Production Partners LP, Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve (US$/boe), 2011-2015 21 Figure 13: Sanchez Production Partners LP, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2011-2015 22 Figure 14: Sanchez Production Partners LP, Total Oil & Gas Reserves, End of Period, By Country/Region, mmboe, 2011-2015 23 Figure 15: Sanchez Production Partners LP, Total Oil & Gas Production, By Country/Region, mmboe, 2011-2015 23 Figure 16: Sanchez Production Partners LP, Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2015 25 Figure 17: Sanchez Production Partners LP, Crude Oil Production and Reserves Metrics, mmbbl, 2011-2015 26 Figure 18: Sanchez Production Partners LP, Oil Reserves, End of Period, By Country/Region, mmbbl, 2011-2015 27 Figure 19: Sanchez Production Partners LP, Oil Production, By Country/Region, mmbbl, 2011-2015 27 Figure 20: Sanchez Production Partners LP, Crude Oil Reserve Changes, mmbbl, 2015 29 Figure 21: Sanchez Production Partners LP, Natural Gas Production and Reserves Metrics, bcf, 2011-2015 30 Figure 22: Sanchez Production Partners LP, Gas Reserves, End of Period, By Country/Region, bcf, 2011-2015 31 Figure 23: Sanchez Production Partners LP, Gas Production, By Country/Region, bcf, 2011-2015 31 Figure 24: Sanchez Production Partners LP, Natural Gas Reserve Changes, bcf, 2015 33 Figure 25: Sanchez Production Partners LP, Oil and Gas Reserves Life Index, Years, 2011-2015 34 Figure 26: Sanchez Production Partners LP, Gas Reserve Life Index, By Country/Region, Ratio, 2011-2015 35 Figure 27: Sanchez Production Partners LP, Oil & Gas Reserve Life Index, By Country/Region, Ratio, 2011-2015 35 Figure 28: Sanchez Production Partners LP, Oil Reserve Life Index, By Country/Region, Ratio, 2011-2015 36 Figure 29: Sanchez Production Partners LP, Upstream Capital Expenditure, US$ mil, 2011-2015 37 Figure 30: Sanchez Production Partners LP, Proved Acquisition Costs, By Country/Region, US$ mil, 2011-2015 38 Figure 31: Sanchez Production Partners LP, Unproved Acquisition Costs, By Country/Region, US$ mil, 2011-2015 38 Figure 32: Sanchez Production Partners LP, Development Costs, By Country/Region, US$ mil, 2011-2015 40 Figure 33: Sanchez Production Partners LP, 3-Year Wt.Avg., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2011-2015 41 Figure 34: Sanchez Production Partners LP, Oil & Gas Finding & Development Cost/boe, 3-Year Average, By Country/Region, US$/boe, 2011-2015 43 Figure 35: Sanchez Production Partners LP, Oil & Gas Finding Cost per boe, 3-Year Average, By Country/Region, US$/boe, 2011-2015 43 Figure 36: Sanchez Production Partners LP, Reserve Replacement Cost per boe, 3-Year Average, By Country/Region, US$/boe, 2011-2015 44 Figure 37: Sanchez Production Partners LP, 3-Year Wt.Avg., Oil and Gas Production Replacement Ratio, %, 2011-2015 45 Figure 38: Sanchez Production Partners LP, 3-Year Wt. Avg. Gas F&D Production Replacement, By Country/Region, %, 2011-2015 47 Figure 39: Sanchez Production Partners LP, 3-Year Wt. Avg. Gas RRC Production Replacement, By Country/Region, %, 2011-2015 47 Figure 40: Sanchez Production Partners LP, 3-Year Wt. Avg. Oil & Gas F&D Production Replacement, By Country/Region, %, 2011-2015 48 Figure 41: Sanchez Production Partners LP, 3-Year Wt. Avg. Oil & Gas RRC Production Replacement, By Country/Region, %, 2011-2015 48 Figure 42: Sanchez Production Partners LP, 3-Year Wt. Avg. Oil F&D Production Replacement, By Country/Region, %, 2011-2015 49 Figure 43: Sanchez Production Partners LP, 3-Year Wt. Avg. Oil RRC Production Replacement, By Country/Region, %, 2011-2015 49 Figure 44: Sanchez Production Partners LP, Revenue and Expenses, US$ mil, 2011-2015 51 Figure 45: Sanchez Production Partners LP, Depreciation, Depletion and Amortization From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 52 Figure 46: Sanchez Production Partners LP, Net Income/ Loss From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 52 Figure 47: Sanchez Production Partners LP, Oil & Gas Revenue, By Country/Region, US$ mil, 2011-2015 53 Figure 48: Sanchez Production Partners LP, Profit (loss) Before Taxation From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 53 Figure 49: Sanchez Production Partners LP, Production Costs, By Country/Region, US$ mil, 2011-2015 54 Figure 50: Sanchez Production Partners LP, Total Expenses From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 54 Figure 51: Sanchez Production Partners LP, Oil and Gas Revenue and Expenses, US$/boe, 2011-2015 56 Figure 52: Sanchez Production Partners LP, Lifting Cost per boe, By Country/Region, US$/boe, 2011-2015 57 Figure 53: Sanchez Production Partners LP, Annual Net Income per boe, By Country/Region, US$/boe, 2011-2015 57 Figure 54: Sanchez Production Partners LP, Oil & Gas Revenue per boe, By Country/Region, US$/boe, 2011-2015 58 Figure 55: Sanchez Production Partners LP, Total DD&A per boe, By Country/Region, US$/boe, 2011-2015 58 Figure 56: Sanchez Production Partners LP, Total Revenue per boe, By Country/Region, US$/boe, 2011-2015 59 Figure 57: Sanchez Production Partners LP, Oil and Gas Performance Metrics, 2011-2015 60 Figure 58: Sanchez Production Partners LP, Land Holdings (Developed and Undeveloped Acreage), Acres, 2011-2015 61 Figure 59: Sanchez Production Partners LP, Total Gross Undeveloped Acreage, By Country/Region, Acres, 2011-2015 62 Figure 60: Sanchez Production Partners LP, Total Net Undeveloped Acreage, By Country/Region, Acres, 2011-2015 62 Figure 61: Sanchez Production Partners LP, Total Gross Developed Acreage, By Country/Region, Acres, 2011-2015 63 Figure 62: Sanchez Production Partners LP, Total Net Developed Acreage, By Country/Region, Acres, 2011-2015 63 Figure 63: Sanchez Production Partners LP, Producible Oil and Gas Wells, 2011-2015 65 Figure 64: Sanchez Production Partners LP, Gross Productive Gas Wells, By Country/Region, Number, 2011-2015 66 Figure 65: Sanchez Production Partners LP, Gross Productive Oil & Gas Wells, By Country/Region, Number, 2011-2015 66 Figure 66: Sanchez Production Partners LP, Gross Productive Oil Wells, By Country/Region, Number, 2011-2015 67 Figure 67: Sanchez Production Partners LP, Net/Gross Oil & Gas Ratio, By Country/Region, %, 2011-2015 67 Figure 68: Sanchez Production Partners LP, Net Productive Gas Wells, By Country/Region, Number, 2011-2015 68 Figure 69: Sanchez Production Partners LP, Net Productive Oil & Gas Wells, By Country/Region, Number, 2011-2015 68 Figure 70: Sanchez Production Partners LP, Net Productive Oil Wells, By Country/Region, Number, 2011-2015 69 Figure 71: Sanchez Production Partners LP, Exploratory and Developed Wells, 2011-2015 70