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Eco-Stim Energy Solutions Announces Pricing of Public Offering of Common Stock

HOUSTON, Feb. 13, 2015 (GLOBE NEWSWIRE) -- 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.

EcoStim intends to use the net proceeds from the offering to finance capital expenditures, for working capital and for other general corporate purposes, which may include, but are not limited to, the purchase and maintenance of its well stimulation equipment, retirement of debt and inventory purchases. EcoStim expects the offering to close on February 19, 2015, subject to customary closing conditions.

Roth Capital Partners is acting as the sole manager of the offering. The offering will be made only by means of a prospectus and related prospectus supplement, copies of which may be obtained free of charge on the website of the Securities and Exchange Commission (the "SEC") at www.sec.gov or from Roth Capital Partners at 888 San Clemente Drive, Newport Beach, CA 92660 Attn: Syndicate Department or rothecm@roth.com.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy the shares of common stock described herein or any other securities, nor shall there be any sale of the shares of common stock described herein or any other securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The common stock will be offered pursuant to an effective registration statement filed with the SEC and a prospectus and related prospectus supplement meeting the requirements of Section 10 of the Securities Act of 1933, as amended.

About the Company

Eco-Stim Energy Solutions is 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. EcoStim's proprietary methodology and technology offer the potential to decrease the number of stages stimulated in shale plays through a unique process that predicts high probability production zones while confirming those production zones using the latest generation down-hole diagnostic tools. In addition, EcoStim offers its clients completion techniques that can dramatically reduce horsepower requirements, emissions, surface footprint and water usage. EcoStim seeks to deliver well completion services with better technology, better ecology and significantly improved economics for unconventional oil and gas producers worldwide.

Forward-Looking Statements

The foregoing contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. These statements are based on certain assumptions made by the Company based on management's experience, expectations and perception of historical trends, current conditions, anticipated future developments and other factors believed to be appropriate. Forward-looking statements are not guarantees of performance. Although the Company believes the expectations reflected in its forward-looking statements are reasonable and are based on reasonable assumptions, no assurance can be given that these assumptions are accurate or that any of these expectations will be achieved (in full or at all) or will prove to have been correct. Any forward-looking statement speaks only as of the date on which such statement is made, and the Company undertakes no obligation to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable law.

CONTACT: Jeffrey Freedman jfreedman@ecostim-es.com 281-531-7200

Source:Eco-Stim Energy Solutions, Inc.