Eco-Stim Energy Solutions Prices 5.5M Share Offering @$4.75/Share

Eco-Stim Energy Solutions, Inc. ESES announced Thursday, that it has priced 5,500,000 shares of its common stock, par value $0.001 per share, at a price to the public of $4.75 per share. EcoStim has granted the underwriters a 30-day option to purchase up to an additional 815,789 shares of common stock. EcoStim expects to receive gross proceeds of approximately $26,125,000 (or approximately $30,000,000 if the underwriters exercise their option to purchase additional shares), before deducting estimated fees and expenses (including underwriting discounts and commissions). 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. EcoStim expects the offering to close on July 15, 2015, subject to customary closing conditions. FBR and Roth Capital Partners are acting as the book-running managers and Seaport Global Securities is See full press release