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

HOUSTON, June 17, 2015 (GLOBE NEWSWIRE) -- Eco-Stim Energy Solutions, Inc. ("EcoStim" or the "Company"), (Nasdaq:ESES) today announced that it has commenced a registered underwritten public offering of shares of its common stock, to raise gross proceeds of up to $30,000,000. Eco-Stim expects to grant the underwriters a 30-day option to purchase up to an additional 15 percent of the share amount sold to cover over-allotments, if any. EcoStim intends to use the net proceeds from the offering to finance capital expenditures related to its turbine-powered pressure pumping units ("TPUs"), the complementary equipment needed to put the TPUs into operation and the final payments on its second conventional pressure pumping fleet, for working capital as well as other general corporate purposes, which may include, but are not limited to, the purchase and maintenance of its existing equipment, retirement of debt and inventory purchases.

FBR and Roth Capital Partners are acting as the book-running managers, and Seaport Global Securities is acting as the co-manager for the offering. The offering will be made only by means of a prospectus. Once it becomes available, potential investors can obtain a prospectus that meets the requirements of Section 10 of the Securities Act of 1933, as amended, from:

FBR
Prospectus Department
1300 17th Street N., Suite 1400
Arlington, VA 22209
(703) 312-9726
prospectuses@fbr.com

Roth Capital Partners
Equity Capital Markets
888 San Clemente, Suite 400
Newport Beach, CA 92660
(800) 678-9147
rothecm@roth.com

When available, to obtain a copy of the prospectus free of charge, visit the website of Securities and Exchange Commission (the "SEC") at www.sec.gov.

A registration statement relating to the shares of common stock has been filed with the SEC but has not yet become effective. The shares of common stock may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sales of the securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About the Company

Eco-Stim 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 market. EcoStim's proprietary methodology and technology offers 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.