Eco-Stim Energy Solutions Inc. (ESES) 5.8000 $ESES
Eco-Stim Energy Solutions Announces Pricing of Public Offering of Common Stock
GlobeNewswire - Fri Feb 13, 7:42AM CST
Eco-Stim Energy Solutions, Inc. ("EcoStim" or the "Company"
, (OTCQB:ESES) today announced that it has priced 914,240 shares of its common stock, par value $0.001 per share, at a price to the public of $5.75 per share, in a public offering pursuant to an effective registration statement filed with the Securities and Exchange Commission. In connection with the offering, EcoStim has granted the underwriter a 30-day option to purchase up to an additional 137,136 shares of common stock. EcoStim expects to receive gross proceeds of approximately $5,256,880 (or approximately $6,045,412 if the underwriter exercises its option to purchase additional shares), of which an aggregate $1,000,000 of shares of common stock will be purchased by ACM Emerging Markets Master Fund I, L.P., the Company's largest investor.
Eco-Stim Energy Solutions Achieves Major Revenue Milestone
GlobeNewswire - Wed Feb 04, 5:00AM CST
Eco-Stim Energy Solutions, Inc. (OTC:ESES) ("EcoStim" or the "Company" announced today that since the Company's equipment became operational in mid-December, over one million dollars in oilfield service revenue has been generated, while executing stimulation jobs for three separate customers. The work involved on these jobs took approximately 7 days in the field to complete. Presently, the Company is in the process of qualifying for several additional customers, and further work under the Company's previously announced contract is expected to continue in February or early March. As such, management expects that the utilization of our well stimulation fleet will improve with a corresponding increase in revenue.
StockNewsNow.com Publishes New SNNLive Video Interview with Eco-Stim Energy Solutions
ACCESSWIRE - Mon Jan 26, 8:30AM CST
LOS ANGELES, CA / ACCESSWIRE / January 26, 2015 / StockNewsNow.com, the Official MicroCap News Source, today published an SNNLive Video Interview with Alexander Nickolatos, CFO of Eco-Stim Energy Solutions, Inc. (OTCQB: ESES), an environmentally focused oilfield service and technology company providing proprietary field management technologies and well stimulation and completion services to oil and gas producers drilling in the rapidly expanding international unconventional shale markets. The video interview was recorded at the LD Micro "Main Event" Conference in December 2014 in Bel Air, CA.
Eco-Stim Energy Solutions Provides Operational Update
GlobeNewswire - Thu Dec 18, 4:30AM CST
Eco-Stim Energy Solutions, Inc. (OTC:ESES) ("EcoStim" or the "Company" will host a conference call today at 8:00 AM CST to discuss the current status of its growing operations in Argentina and certain accomplishments made over the past several months.
Eco-Stim Energy Solutions & Y-TEC Sign Joint Technology Development Agreement
GlobeNewswire - Tue Dec 16, 5:51PM CST
Eco-Stim Energy Solutions, Inc. (OTC:ESES) ("EcoStim" or the "Company" announced today that it has signed an agreement with YPF Tecnologia S.A. ("Y-TEC" , the technology arm of YPF, to work together to jointly develop and deploy technologies that are expected to benefit YPF's ongoing drilling and completion efforts in Argentina, with specific focus on the Vaca Muerta shale formation.
Eco-Stim Energy Solutions to Provide Operational Update
GlobeNewswire - Tue Dec 16, 6:01AM CST
Eco-Stim Energy Solutions, Inc. (OTC:ESES) ("EcoStim" or the "Company" announced today that its management team will host a conference call on Thursday morning, December 18, 2014 to provide an operational update, discuss Argentina market opportunities and review the Company's growth strategy.
Eco-Stim Energy Solutions to Present at LD Micro Conference
GlobeNewswire - Wed Nov 26, 3:07PM CST
Eco-Stim Energy Solutions, Inc. (OTC:ESES) ("EcoStim" or the "Company" announced today that it has been invited to present at the upcoming annual LD MICRO VII main event conference, held at the Luxe Sunset Bel Air in Los Angeles, California. The Company's President and CEO, J. Christopher Boswell will speak on Tuesday, December 2, 2014, at 12:30 p.m. (PST).
Eco-Stim Energy Solutions Signs Contract With Major International Oil & Gas Company
GlobeNewswire - Thu Nov 13, 5:00AM CST
Eco-Stim Energy Solutions, Inc. (OTC:ESES) ("EcoStim" or the "Company" announced today that it has finalized a multiple well commercial contract with a major international oil and gas company in Argentina. On this project, EcoStim will run the NCS Energy Services' (NCS) jet frac technology to perforate wells located in the Commodore Region of Argentina. This will be the second commercial contract EcoStim has executed and performed for this customer in Argentina, having completed a field management fiber optic diagnostic contract earlier this year. The jet frac technology is designed to allow this customer to more efficiently perforate its wells and reduce the time and cost of putting wells on production. The contract will run over several months beginning in Q4 2014 and once the operation is demonstrated to be successful, the Company believes there will be many other opportunities to perform similar services in the region.
Eco-Stim Energy Solutions Purchases 54,000 HHP of Tier 4 Compliant Pressure Pumping Equipment
GlobeNewswire - Wed Oct 15, 5:00AM CDT
Eco-Stim Energy Solutions, Inc. ("EcoStim" or the "Company" , (OTCQB:ESES) announced today that the Company has acquired 54,000 hydraulic horsepower (HHP) of the latest generation Tier 4 compliant turbine powered pressure pumping equipment. The acquisition includes twelve trailers uniquely outfitted with twin triplex pumps capable of generating 4,500 HHP from each trailer, thus substantially reducing the surface footprint. This pressure pumping equipment, which was manufactured in 2012, is expected to provide EcoStim with the pumping horsepower needed to pursue several identified growth opportunities.
Eco-Stim Energy Solutions Equipment Begins Transit to Operations Base in Neuquen City, Argentina
GlobeNewswire - Tue Oct 14, 5:01PM CDT
Eco-Stim Energy Solutions, Inc. ("EcoStim" or the "Company" , (OTCQB:ESES) announced today that its pressure pumping fleet and coiled tubing equipment are being transported to the Company's base in Neuquen City, Argentina. The equipment is expected to arrive in three days and will be readied for service in conjunction with the company's multi-year contract.
Eco-Stim Energy Solutions Completes Purchase of Operations Facility in Neuquen, Argentina
GlobeNewswire - Mon Oct 06, 6:11AM CDT
Eco-Stim Energy Solutions, Inc. ("EcoStim" or "the Company" , (OTCQB:ESES) today announced that it has closed on the purchase of the land and facility to operate from in Neuquen, Argentina. The twelve-acre property is located in Plottier City (15 km from the Neuquen Capital) with easy access to the oil and gas fields being developed in the Province. The Company intends to operate its pressure pumping, coiled tubing and field management services from this base. The property is large enough to accommodate the Company's expected growth.
Eco-Stim Energy Solutions Orders Second Pressure Pumping Fleet in Support of Its Growing Operations in Neuquen, Argentina
GlobeNewswire - Fri Oct 03, 1:18PM CDT
Eco-Stim Energy Solutions, Inc. (OTCQB:ESES) ("EcoStim" or "the Company" today announced that it has placed an order for its second pressure pumping fleet to be deployed in Neuquen, Argentina, home of the world's third largest shale play. The Company has had expressions of interest from numerous customers as the demand for quality pressure pumping equipment continues to grow. We believe the Vaca Muerta formation and growing tight gas activity continue to absorb the available supply of equipment. The oil and gas producers in the region who are developing unconventional, tight gas and conventional reservoirs are in need of good equipment and service capabilities and EcoStim is anxious to work with these producers to streamline the completion process and reduce cost.
Eco-Stim Energy Solutions Announces Effectiveness of Form S-1 Resale Registration Statement
GlobeNewswire - Mon Sep 22, 5:00AM CDT
Eco-Stim Energy Solutions, Inc. (OTC:ESES) ("EcoStim" or the "Company" announced today that on September 19, 2014, the Securities and Exchange Commission (the "SEC" declared effective the Company's registration statement on Form S-1 relating to the resale of up to 7,758,321 shares of EcoStim's common stock (including approximately 1,977,314 shares issuable upon the conversion of outstanding debt), par value $0.001 per share, by certain selling stockholders. The Company will not receive any proceeds from any sales by selling stockholders, and the Company is not aware of any plans by selling stockholders to effect such resales.
Eco-Stim Energy Solutions to Present at 12th Annual IPAA OGIS Conference in San Francisco
GlobeNewswire - Wed Sep 17, 3:31PM 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 IPAA Oil & Gas Investment Symposium (OGIS) San Francisco Conference on Wednesday, September 24, 2014, at 11:50 AM PST. The 12 Annual OGIS San Francisco conference, which begins on September 22, 2014, will be held at the Palace Hotel. Several hundred institutional investors, research analysts, high net worth investors and oil and gas industry executives will be on hand to hear corporate profiles from public exploration and production and service and supply companies.
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 Announces Pricing of Public Offering of Common Stock
GlobeNewswire - Fri Feb 13, 7:42AM CST
Eco-Stim Energy Solutions, Inc. ("EcoStim" or the "Company"
, (OTCQB:ESES) today announced that it has priced 914,240 shares of its common stock, par value $0.001 per share, at a price to the public of $5.75 per share, in a public offering pursuant to an effective registration statement filed with the Securities and Exchange Commission. In connection with the offering, EcoStim has granted the underwriter a 30-day option to purchase up to an additional 137,136 shares of common stock. EcoStim expects to receive gross proceeds of approximately $5,256,880 (or approximately $6,045,412 if the underwriter exercises its option to purchase additional shares), of which an aggregate $1,000,000 of shares of common stock will be purchased by ACM Emerging Markets Master Fund I, L.P., the Company's largest investor. Eco-Stim Energy Solutions Achieves Major Revenue Milestone
GlobeNewswire - Wed Feb 04, 5:00AM CST
Eco-Stim Energy Solutions, Inc. (OTC:ESES) ("EcoStim" or the "Company"
announced today that since the Company's equipment became operational in mid-December, over one million dollars in oilfield service revenue has been generated, while executing stimulation jobs for three separate customers. The work involved on these jobs took approximately 7 days in the field to complete. Presently, the Company is in the process of qualifying for several additional customers, and further work under the Company's previously announced contract is expected to continue in February or early March. As such, management expects that the utilization of our well stimulation fleet will improve with a corresponding increase in revenue. StockNewsNow.com Publishes New SNNLive Video Interview with Eco-Stim Energy Solutions
ACCESSWIRE - Mon Jan 26, 8:30AM CST
LOS ANGELES, CA / ACCESSWIRE / January 26, 2015 / StockNewsNow.com, the Official MicroCap News Source, today published an SNNLive Video Interview with Alexander Nickolatos, CFO of Eco-Stim Energy Solutions, Inc. (OTCQB: ESES), an environmentally focused oilfield service and technology company providing proprietary field management technologies and well stimulation and completion services to oil and gas producers drilling in the rapidly expanding international unconventional shale markets. The video interview was recorded at the LD Micro "Main Event" Conference in December 2014 in Bel Air, CA.
Eco-Stim Energy Solutions Provides Operational Update
GlobeNewswire - Thu Dec 18, 4:30AM CST
Eco-Stim Energy Solutions, Inc. (OTC:ESES) ("EcoStim" or the "Company"
will host a conference call today at 8:00 AM CST to discuss the current status of its growing operations in Argentina and certain accomplishments made over the past several months. Eco-Stim Energy Solutions & Y-TEC Sign Joint Technology Development Agreement
GlobeNewswire - Tue Dec 16, 5:51PM CST
Eco-Stim Energy Solutions, Inc. (OTC:ESES) ("EcoStim" or the "Company"
announced today that it has signed an agreement with YPF Tecnologia S.A. ("Y-TEC" , the technology arm of YPF, to work together to jointly develop and deploy technologies that are expected to benefit YPF's ongoing drilling and completion efforts in Argentina, with specific focus on the Vaca Muerta shale formation. Eco-Stim Energy Solutions to Provide Operational Update
GlobeNewswire - Tue Dec 16, 6:01AM CST
Eco-Stim Energy Solutions, Inc. (OTC:ESES) ("EcoStim" or the "Company"
announced today that its management team will host a conference call on Thursday morning, December 18, 2014 to provide an operational update, discuss Argentina market opportunities and review the Company's growth strategy. Eco-Stim Energy Solutions to Present at LD Micro Conference
GlobeNewswire - Wed Nov 26, 3:07PM CST
Eco-Stim Energy Solutions, Inc. (OTC:ESES) ("EcoStim" or the "Company"
announced today that it has been invited to present at the upcoming annual LD MICRO VII main event conference, held at the Luxe Sunset Bel Air in Los Angeles, California. The Company's President and CEO, J. Christopher Boswell will speak on Tuesday, December 2, 2014, at 12:30 p.m. (PST). Eco-Stim Energy Solutions Signs Contract With Major International Oil & Gas Company
GlobeNewswire - Thu Nov 13, 5:00AM CST
Eco-Stim Energy Solutions, Inc. (OTC:ESES) ("EcoStim" or the "Company"
announced today that it has finalized a multiple well commercial contract with a major international oil and gas company in Argentina. On this project, EcoStim will run the NCS Energy Services' (NCS) jet frac technology to perforate wells located in the Commodore Region of Argentina. This will be the second commercial contract EcoStim has executed and performed for this customer in Argentina, having completed a field management fiber optic diagnostic contract earlier this year. The jet frac technology is designed to allow this customer to more efficiently perforate its wells and reduce the time and cost of putting wells on production. The contract will run over several months beginning in Q4 2014 and once the operation is demonstrated to be successful, the Company believes there will be many other opportunities to perform similar services in the region. Eco-Stim Energy Solutions Purchases 54,000 HHP of Tier 4 Compliant Pressure Pumping Equipment
GlobeNewswire - Wed Oct 15, 5:00AM CDT
Eco-Stim Energy Solutions, Inc. ("EcoStim" or the "Company"
, (OTCQB:ESES) announced today that the Company has acquired 54,000 hydraulic horsepower (HHP) of the latest generation Tier 4 compliant turbine powered pressure pumping equipment. The acquisition includes twelve trailers uniquely outfitted with twin triplex pumps capable of generating 4,500 HHP from each trailer, thus substantially reducing the surface footprint. This pressure pumping equipment, which was manufactured in 2012, is expected to provide EcoStim with the pumping horsepower needed to pursue several identified growth opportunities. Eco-Stim Energy Solutions Equipment Begins Transit to Operations Base in Neuquen City, Argentina
GlobeNewswire - Tue Oct 14, 5:01PM CDT
Eco-Stim Energy Solutions, Inc. ("EcoStim" or the "Company"
, (OTCQB:ESES) announced today that its pressure pumping fleet and coiled tubing equipment are being transported to the Company's base in Neuquen City, Argentina. The equipment is expected to arrive in three days and will be readied for service in conjunction with the company's multi-year contract. Eco-Stim Energy Solutions Completes Purchase of Operations Facility in Neuquen, Argentina
GlobeNewswire - Mon Oct 06, 6:11AM CDT
Eco-Stim Energy Solutions, Inc. ("EcoStim" or "the Company"
, (OTCQB:ESES) today announced that it has closed on the purchase of the land and facility to operate from in Neuquen, Argentina. The twelve-acre property is located in Plottier City (15 km from the Neuquen Capital) with easy access to the oil and gas fields being developed in the Province. The Company intends to operate its pressure pumping, coiled tubing and field management services from this base. The property is large enough to accommodate the Company's expected growth. Eco-Stim Energy Solutions Orders Second Pressure Pumping Fleet in Support of Its Growing Operations in Neuquen, Argentina
GlobeNewswire - Fri Oct 03, 1:18PM CDT
Eco-Stim Energy Solutions, Inc. (OTCQB:ESES) ("EcoStim" or "the Company"
today announced that it has placed an order for its second pressure pumping fleet to be deployed in Neuquen, Argentina, home of the world's third largest shale play. The Company has had expressions of interest from numerous customers as the demand for quality pressure pumping equipment continues to grow. We believe the Vaca Muerta formation and growing tight gas activity continue to absorb the available supply of equipment. The oil and gas producers in the region who are developing unconventional, tight gas and conventional reservoirs are in need of good equipment and service capabilities and EcoStim is anxious to work with these producers to streamline the completion process and reduce cost. Eco-Stim Energy Solutions Announces Effectiveness of Form S-1 Resale Registration Statement
GlobeNewswire - Mon Sep 22, 5:00AM CDT
Eco-Stim Energy Solutions, Inc. (OTC:ESES) ("EcoStim" or the "Company"
announced today that on September 19, 2014, the Securities and Exchange Commission (the "SEC" declared effective the Company's registration statement on Form S-1 relating to the resale of up to 7,758,321 shares of EcoStim's common stock (including approximately 1,977,314 shares issuable upon the conversion of outstanding debt), par value $0.001 per share, by certain selling stockholders. The Company will not receive any proceeds from any sales by selling stockholders, and the Company is not aware of any plans by selling stockholders to effect such resales. Eco-Stim Energy Solutions to Present at 12th Annual IPAA OGIS Conference in San Francisco
GlobeNewswire - Wed Sep 17, 3:31PM 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 IPAA Oil & Gas Investment Symposium (OGIS) San Francisco Conference on Wednesday, September 24, 2014, at 11:50 AM PST. The 12 Annual OGIS San Francisco conference, which begins on September 22, 2014, will be held at the Palace Hotel. Several hundred institutional investors, research analysts, high net worth investors and oil and gas industry executives will be on hand to hear corporate profiles from public exploration and production and service and supply companies. 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. 
