Eco-Stim Energy Solutions Inc. (ESES) 6.5000 $ESES
Eco-Stim Energy Solutions Secures Exclusive Rights for Key "Field Management" Technology
GlobeNewswire - 1 hr 46 mins ago
Eco-Stim Energy Solutions, Inc. ("EcoStim" or "the Company"
(OTCQB:ESES) announced today that it has executed an exclusivity agreement with Fotech Oil & Gas Solutions, Inc. "Fotech" whereby the Company obtained exclusive rights to market, sell, utilize, and distribute in Argentina and Mexico Fotech's fiber optic recording system. These recording systems are used in the Company's field management operations to diagnose well integrity, flow properties and to monitor down-hole activity including the well stimulation process. The initial recording systems are expected to be delivered in the second quarter of 2014 and will be used to perform field management services for customers requesting down-hole well diagnostics.
Eco-Stim Energy Solutions Signs Term Sheet for Financing
GlobeNewswire - Mon Apr 07, 5:00AM CDT
Eco-Stim Energy Solutions, Inc. ("EcoStim" or "the Company", (OTCQB:ESES) today announced that the Company has signed a non-binding term sheet with a private equity firm (the "Investor" for a convertible debt facility. Under the proposed terms, the Investor would provide the Company with a $22 million convertible debt facility that would be available to the Company for two years after the closing date. In addition, the terms contemplate that the Company would grant a 30 day option to the Investor to purchase up to $8 million of the Company's common stock in a private placement for $6 per share. The convertible debt facility would be secured by certain of the Company's assets and would be available immediately upon closing. The outstanding debt would accrue interest at 14% per annum with interest payments due in arrears. Any amounts drawn under the facility would be due and payable in full four years from closing. Any outstanding balance under the convertible debt facility may be converted into the Company's common stock at a price of $6 per share at the option of the Investor. The Company would maintain the ability to repay the debt facility or force conversion after one year. The convertible debt facility will maintain customary financial and other covenants.
The Mayor of Anelo, Argentina Visits Eco-Stim Energy Solutions
GlobeNewswire - Fri Apr 04, 5:20PM CDT
EcoStim Energy Solutions, Inc. ("EcoStim" or "the Company", (OTCQB:ESES) announced that Mr. Dario Andres Diaz, Mayor of Anelo, visited its head offices in Houston on Thursday as part of his visit to the US. The primary purpose of his trip was to learn more about the impact of unconventional oil & gas development in various cities and towns in the US.
EcoStim Energy Solutions to Present at 20th Annual IPAA OGIS Conference in New York
GlobeNewswire - Wed Apr 02, 6:00AM CDT
EcoStim Energy Solutions, Inc. ("EcoStim" or "the Company", (OTCQB:ESES) today announced that Chris Boswell, the company's Chief Executive Officer, is scheduled to present a corporate overview at the upcoming IPAA Oil & Gas Investment Symposium (OGIS) New York Conference on Wednesday, April 9, 2014 at 2:25 p.m. EDT. The 20th Annual OGIS New York conference, which begins on Monday April 7, 2014, will be held at the Sheraton New York Times Square Hotel. About 1,500 Institutional investors, research analysts, high net worth investors and oil and gas industry partners will be on hand to hear corporate profiles from 86 leading public exploration and production and service and supply companies.
EcoStim Energy Solutions to Host Investor Meetings at Howard Weil's 42nd Annual Energy Conference
GlobeNewswire - Thu Mar 20, 5:00AM CDT
EcoStim Energy Solutions, Inc. ("EcoStim" or "the Company", (OTCQB:ESES) today announced that the company will be participating in the upcoming Howard Weil Energy Conference.
Eco-Stim Energy Solutions Expands Its Board of Directors
GlobeNewswire - Thu Jan 16, 5:00AM CST
Eco-Stim Energy Solutions, Inc. (OTC:ESES) ("EcoStim" or the "Company" announced today that its Board of Directors (the "Board" has approved an increase in the size of its Board from five members to six members and the appointment of Mr. Christopher A. Krummel to the Company's Board.
Eco-Stim Energy Solutions Secures Exclusive Rights for Key "Field Management" Technology
GlobeNewswire - 1 hr 46 mins ago
Eco-Stim Energy Solutions, Inc. ("EcoStim" or "the Company"
(OTCQB:ESES) announced today that it has executed an exclusivity agreement with Fotech Oil & Gas Solutions, Inc. "Fotech" whereby the Company obtained exclusive rights to market, sell, utilize, and distribute in Argentina and Mexico Fotech's fiber optic recording system. These recording systems are used in the Company's field management operations to diagnose well integrity, flow properties and to monitor down-hole activity including the well stimulation process. The initial recording systems are expected to be delivered in the second quarter of 2014 and will be used to perform field management services for customers requesting down-hole well diagnostics. Eco-Stim Energy Solutions Signs Term Sheet for Financing
GlobeNewswire - Mon Apr 07, 5:00AM CDT
Eco-Stim Energy Solutions, Inc. ("EcoStim" or "the Company"
, (OTCQB:ESES) today announced that the Company has signed a non-binding term sheet with a private equity firm (the "Investor" for a convertible debt facility. Under the proposed terms, the Investor would provide the Company with a $22 million convertible debt facility that would be available to the Company for two years after the closing date. In addition, the terms contemplate that the Company would grant a 30 day option to the Investor to purchase up to $8 million of the Company's common stock in a private placement for $6 per share. The convertible debt facility would be secured by certain of the Company's assets and would be available immediately upon closing. The outstanding debt would accrue interest at 14% per annum with interest payments due in arrears. Any amounts drawn under the facility would be due and payable in full four years from closing. Any outstanding balance under the convertible debt facility may be converted into the Company's common stock at a price of $6 per share at the option of the Investor. The Company would maintain the ability to repay the debt facility or force conversion after one year. The convertible debt facility will maintain customary financial and other covenants. The Mayor of Anelo, Argentina Visits Eco-Stim Energy Solutions
GlobeNewswire - Fri Apr 04, 5:20PM CDT
EcoStim Energy Solutions, Inc. ("EcoStim" or "the Company"
, (OTCQB:ESES) announced that Mr. Dario Andres Diaz, Mayor of Anelo, visited its head offices in Houston on Thursday as part of his visit to the US. The primary purpose of his trip was to learn more about the impact of unconventional oil & gas development in various cities and towns in the US. EcoStim Energy Solutions to Present at 20th Annual IPAA OGIS Conference in New York
GlobeNewswire - Wed Apr 02, 6:00AM CDT
EcoStim Energy Solutions, Inc. ("EcoStim" or "the Company"
, (OTCQB:ESES) today announced that Chris Boswell, the company's Chief Executive Officer, is scheduled to present a corporate overview at the upcoming IPAA Oil & Gas Investment Symposium (OGIS) New York Conference on Wednesday, April 9, 2014 at 2:25 p.m. EDT. The 20th Annual OGIS New York conference, which begins on Monday April 7, 2014, will be held at the Sheraton New York Times Square Hotel. About 1,500 Institutional investors, research analysts, high net worth investors and oil and gas industry partners will be on hand to hear corporate profiles from 86 leading public exploration and production and service and supply companies. EcoStim Energy Solutions to Host Investor Meetings at Howard Weil's 42nd Annual Energy Conference
GlobeNewswire - Thu Mar 20, 5:00AM CDT
EcoStim Energy Solutions, Inc. ("EcoStim" or "the Company"
, (OTCQB:ESES) today announced that the company will be participating in the upcoming Howard Weil Energy Conference. Eco-Stim Energy Solutions Expands Its Board of Directors
GlobeNewswire - Thu Jan 16, 5:00AM CST
Eco-Stim Energy Solutions, Inc. (OTC:ESES) ("EcoStim" or the "Company"
announced today that its Board of Directors (the "Board" has approved an increase in the size of its Board from five members to six members and the appointment of Mr. Christopher A. Krummel to the Company's Board. 
