ROTH Capital Partners Acts as Joint Book-Running Manager
for Eco-Stim Energy Solutions, Inc. (ESES)
in its $29.3 Million Follow-On

For more information please contact:

Investment Banking
Alexander Montano
Managing Director
(949) 720-5770
amontano@roth.com

Otilia (Tilin) Chen
Director
(949) 720-5783
ochen@roth.com

 

Daniel Sirvent
Director
(949) 720-5752
dsirvent@roth.com

Equity Capital Markets
Aaron Gurewitz
Head of Equity
Capital Markets
(949) 720-5703

agurewitz@roth.com

 

Nazan Akdeniz
Senior Vice President
(949) 720-5740

nakdeniz@roth.com

 

Lou Ellis
Senior Vice President
(949) 720-5739

lellis@roth.com

Transaction Information
Eco-Stim Energy Solutions, Inc. (NASDAQ:ESES) announced the closing of an underwritten public offering of 5,500,000 shares of its common stock, as well as the sale of 664,690 additional shares pursuant to the exercise of the over-allotment option granted to the underwriters. The shares were sold in the offering at a public offering price of $4.75 per share, resulting in gross proceeds to Eco-Stim of approximately $29.3 Million.

Eco-Stim 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, the final payments on its second conventional pressure pumping fleet, for working capital, as well as for 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.

ROTH Capital Partners acted as Joint Book-Running Manager for the offering.

 

About Eco-Stim Energy Solutions, Inc.
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 markets. Eco-Stim'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, Eco-Stim offers its clients completion techniques that can dramatically reduce horsepower requirements, emissions, surface footprint and water usage. Eco-Stim seeks to deliver well completion services with better technology, better ecology and significantly improved economics for unconventional oil and gas producers worldwide. (Source: Company Press Release | July 9, 2015)

 

About ROTH Capital Partners

ROTH Capital Partners, LLC (ROTH), is a relationship-driven investment bank focused on serving emerging growth companies and their investors. As a full-service investment bank, ROTH provides capital raising, M&A advisory, analytical research, trading, market-making services and corporate access. Headquartered in Newport Beach, CA, ROTH is privately-held and employee owned, and maintains offices throughout the U.S. and Hong Kong. For more information on ROTH, please visit www.roth.com.

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The material, information and  facts discussed in this announcement other than the information regarding ROTH Capital Partners, LLC ("ROTH") and its affiliates, are from sources believed to be reliable, but are in no way guaranteed to be complete or accurate. This announcement should not be used as a complete analysis of any companies, securities or topics discussed herein. Additional information is available upon request. This is not, however, an offer or solicitation of the securities discussed. Any opinions or estimates in this announcement are subject to change without notice. An investment in any security based on this announcement may involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Additionally, such investments may involve a high degree of risk and may not be suitable for all investors. No part of this announcement may be reproduced in any form without the express written permission of ROTH. Copyright 2015.