Eco-Stim Energy Solutions Appoints New Interim Chief Executive Officer

HOUSTON, TEXAS, Oct. 01, 2018 (GLOBE NEWSWIRE) -- Eco-Stim Energy Solutions, Inc. (NASDAQ: ESES) (“EcoStim” or the “Company”) announced today that J. Chris Boswell has resigned from his positions as President and CEO of the Company and from the Company’s Board of Directors in order to pursue other opportunities. The Company’s Chief Financial Officer, Alexander Nickolatos, has been promoted to serve as Interim President and CEO of the Company and has also been appointed to the Company’s Board of Directors.

“On behalf of the Company I would like to thank Chris for his many years of hard work and service to EcoStim and wish him the very best on his future endeavors,” stated Mr. Nickolatos. Mr. Boswell added, “I have been working with Alexander since the company was founded in 2012 and it has been a pleasure to work with him and the entire Eco-Stim team over the past six years in both of our markets. I believe Company is in great hands with Alexander at the helm.”

About the Company

EcoStim is an environmentally focused oilfield service and technology company offering pressure pumping and well completion services and field management technologies to oil and gas producers drilling in the U.S. and international unconventional shale markets. In addition to conventional pumping equipment, EcoStim offers its clients completion techniques that can dramatically reduce horsepower requirements, emissions and surface footprint.