Eco-Stim Energy Solutions Inc fka ESESQ

[Prudent Capitalist]

Annual Revenue Increases 427% to $44 Million from $8 Million in 2016

HOUSTON, March 09, 2018 -- Eco-Stim Energy Solutions, Inc. (NASDAQ:ESES) (“EcoStim” or the “Company”) announced its financial and operating results for the quarter and year ended December 31, 2017.

RECENT DEVELOPMENTS & FOURTH QUARTER 2017 HIGHLIGHTS

• Generated 4Q17 Revenue of $19.8 million, 51% increase over 3Q17

• Generated 2017 Annual Revenue of $44 million, 427% increase over 2016

• Redeployed US Fleet #1 from Mississippian Lime to STACK at improved rates

• Both US Fleets expected to experience improved utilization and profitability for balance of 2018

• Secured working capital facility in February to enhance liquidity and support growth