Eco-Stim Energy Solutions Inc. (ESES) 7.0000 $ESES
Eco-Stim Energy Solutions Completes Equity Private Placement
GlobeNewswire - Wed Jul 09, 4:24PM CDT
Eco-Stim Energy Solutions, Inc. ("EcoStim" or "the Company"
(OTCQB:ESES) today announced that Albright Capital Management, LLC ("ACM" , an emerging markets investment firm headquartered in Washington, DC exercised its option to purchase 1,333,333 shares of the Company's common stock at $6 per share for net proceeds of approximately $8 million, pursuant to the previously announced securities purchase option agreement, dated May 29, 2014 (the "Option Agreement" . This option was granted to ACM in connection with the $22 million convertible debt facility the Company closed with ACM in May 2014. The Company has borrowed $11.8 million under the convertible debt facility. In connection with the consummation of the exercise of the option, ACM will have the ability to appoint two additional members to the EcoStim board of directors. The Company intends to use the net proceeds of approximately $30 million from the exercise of ACM's option and the convertible note facility for working capital and capital expenditures related to additional well stimulation and coiled tubing assets to be utilized in the rapidly growing Argentina oilfield service market. In accordance with the Option Agreement, the closing of the option exercise is expected to occur within three days and is subject to customary closing conditions.
Eco-Stim Energy Solutions to Present at the 5th Annual Global Hunter Securities Energy Conference in Chicago
GlobeNewswire - Thu Jun 19, 5:00AM CDT
Eco-Stim Energy Solutions, Inc. ("EcoStim" or "the Company" , (OTCQB:ESES) today announced that J. Chris Boswell, the Company's Chief Executive Officer, is scheduled to present a corporate overview at the upcoming Global Hunter Securities (GHS) Energy Conference on Tuesday, June 24, 2014, at 4:30 pm CDT. The 5th Annual GHS Energy Conference, which begins on Monday, June 23, 2014, will be held at the JW Marriott Hotel in downtown Chicago. The conference will feature management presentations from over 100 energy-related companies in the exploration and production, oilfield services and equipment, midstream, marine shipping and industrial sectors.
Eco-Stim Energy Solutions Closes Financing With Internationally - Recognized Private Equity Fund
GlobeNewswire - Thu May 29, 5:16AM CDT
Eco-Stim Energy Solutions, Inc. ("EcoStim" or "the Company" , (OTCQB:ESES) today announced that the Company has closed on the previously announced $22 million convertible debt facility with an investment fund managed by Albright Capital Management, LLC (ACM), an emerging markets investment firm headquartered in Washington, DC. Under the terms of the agreement, ACM is providing the Company with a $22 million convertible debt facility, which will be available to the Company for two years. In addition, the Company has granted a 30 day option to ACM to purchase $8 million of the Company's common stock in a private placement for $6 per share. ACM will initially appoint one member to the EcoStim Board of Directors and if the 30 day option to purchase common stock is exercised, ACM will appoint two additional members to the EcoStim Board.
Eco-Stim Energy Solutions Signs Well Stimulation Contract for Services in Neuquen, Argentina
GlobeNewswire - Tue May 27, 5:00AM CDT
Eco-Stim Energy Solutions, Inc. (OTC:ESES) ("EcoStim" or the "Company" announced today that it has finalized the commercial contract related to the letter of intent previously announced on December 19, 2013. This contract is to provide technology focused well stimulation and completion services to an exploration and production company in the Neuquen province of Argentina. Under the agreement, this customer will utilize EcoStim's well stimulation services for the remainder of its 2014 work program. In addition, the agreement includes the customer's full work program for 2015 and 2016. The work is scheduled to commence in the third quarter of 2014, subject to certain conditions.
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 Completes Equity Private Placement
GlobeNewswire - Wed Jul 09, 4:24PM CDT
Eco-Stim Energy Solutions, Inc. ("EcoStim" or "the Company"
(OTCQB:ESES) today announced that Albright Capital Management, LLC ("ACM" , an emerging markets investment firm headquartered in Washington, DC exercised its option to purchase 1,333,333 shares of the Company's common stock at $6 per share for net proceeds of approximately $8 million, pursuant to the previously announced securities purchase option agreement, dated May 29, 2014 (the "Option Agreement" . This option was granted to ACM in connection with the $22 million convertible debt facility the Company closed with ACM in May 2014. The Company has borrowed $11.8 million under the convertible debt facility. In connection with the consummation of the exercise of the option, ACM will have the ability to appoint two additional members to the EcoStim board of directors. The Company intends to use the net proceeds of approximately $30 million from the exercise of ACM's option and the convertible note facility for working capital and capital expenditures related to additional well stimulation and coiled tubing assets to be utilized in the rapidly growing Argentina oilfield service market. In accordance with the Option Agreement, the closing of the option exercise is expected to occur within three days and is subject to customary closing conditions. Eco-Stim Energy Solutions to Present at the 5th Annual Global Hunter Securities Energy Conference in Chicago
GlobeNewswire - Thu Jun 19, 5:00AM CDT
Eco-Stim Energy Solutions, Inc. ("EcoStim" or "the Company"
, (OTCQB:ESES) today announced that J. Chris Boswell, the Company's Chief Executive Officer, is scheduled to present a corporate overview at the upcoming Global Hunter Securities (GHS) Energy Conference on Tuesday, June 24, 2014, at 4:30 pm CDT. The 5th Annual GHS Energy Conference, which begins on Monday, June 23, 2014, will be held at the JW Marriott Hotel in downtown Chicago. The conference will feature management presentations from over 100 energy-related companies in the exploration and production, oilfield services and equipment, midstream, marine shipping and industrial sectors. Eco-Stim Energy Solutions Closes Financing With Internationally - Recognized Private Equity Fund
GlobeNewswire - Thu May 29, 5:16AM CDT
Eco-Stim Energy Solutions, Inc. ("EcoStim" or "the Company"
, (OTCQB:ESES) today announced that the Company has closed on the previously announced $22 million convertible debt facility with an investment fund managed by Albright Capital Management, LLC (ACM), an emerging markets investment firm headquartered in Washington, DC. Under the terms of the agreement, ACM is providing the Company with a $22 million convertible debt facility, which will be available to the Company for two years. In addition, the Company has granted a 30 day option to ACM to purchase $8 million of the Company's common stock in a private placement for $6 per share. ACM will initially appoint one member to the EcoStim Board of Directors and if the 30 day option to purchase common stock is exercised, ACM will appoint two additional members to the EcoStim Board. Eco-Stim Energy Solutions Signs Well Stimulation Contract for Services in Neuquen, Argentina
GlobeNewswire - Tue May 27, 5:00AM CDT
Eco-Stim Energy Solutions, Inc. (OTC:ESES) ("EcoStim" or the "Company"
announced today that it has finalized the commercial contract related to the letter of intent previously announced on December 19, 2013. This contract is to provide technology focused well stimulation and completion services to an exploration and production company in the Neuquen province of Argentina. Under the agreement, this customer will utilize EcoStim's well stimulation services for the remainder of its 2014 work program. In addition, the agreement includes the customer's full work program for 2015 and 2016. The work is scheduled to commence in the third quarter of 2014, subject to certain conditions. 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. 
