Sanchez Production Partners LP Reports Audited Consolidated Cash Flow Results for the Year Ended Dec. 31, 2016
April 18, 2017 at 09:42 pm EDT
Sanchez Production Partners LP reported audited consolidated cash flow results for the year ended Dec. 31, 2016. For the year, the company reported net cash provided by operating activities of $40,163,000 against $15,437,000 a year ago. Cash paid for acquisitions were $25,622,000 against $427,218,000 a year ago. Development of oil and natural gas properties was $939,000 against $2,005,000 a year ago. Construction of gathering and transportation assets was $4,730,000.