Eco-Stim Energy Solutions Provides Operational Update - Seite 2

At the shareholder meeting on June 16, 2017, the Company's shareholders authorized the conversion of our convertible debt into common stock. As a result of that conversion, the Company no longer has any outstanding long-term debt.

J. Chris Boswell, EcoStim's President and Chief Executive Officer commented, "Our 2017 growth has been a tremendous team effort, enabling us to achieve success in both of our markets. I would like to express my thanks to our team in Argentina for their hard work as well as congratulate our team in Oklahoma for a very strong start-up. I am very pleased to report that for the first time since the Company's first well stimulation job was completed in December 2014, we are working under two significant contracts that provide management with enhanced financial and operational visibility. We remain focused on our goal of enhancing our strategic position in both geographical markets through new customer contracts and expansion of capacity."

About Eco-Stim Energy Solutions, Inc.
EcoStim is an environmentally focused oilfield service and technology company providing well stimulation and completion services and proprietary field management technologies to oil and gas producers. EcoStim's methodology and technology offer the potential in high cost regions to decrease the number of stages stimulated in shale plays through a 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 and surface footprint. 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 the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "anticipate," "plan," "intend," "foresee," "should," "would," "could" or other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature. 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.