ECO-STIM ENERGY SOLUTIONS, INC. (NASDAQ:ESES) Files An 8-K Entry into a Material Definitive Agreement

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ECO-STIM ENERGY SOLUTIONS, INC. (NASDAQ:ESES) Files An 8-K Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement.

Loan and Security Agreement

On November 30, 2016 (the Effective Date), the Company entered
into a Loan and Security Agreement (the Loan Agreement) with two
of the Companys largest shareholders, one of which is currently
the holder of over 10% of the Companys outstanding shares of
common stock (the Lenders). A portion of the proceeds from the
Loan Agreement will be used to pay the remaining amount payable
(approximately $1 million) by the Company under an equipment
purchase agreement dated October 10, 2014, as amended, with
Gordon Brothers Commercial Industrial, LLC for the purchase of
certain turbine powered pressure pumping equipment (the TPUs).

The Loan Agreement allows the Company to borrow a maximum
aggregate principal amount of $2 million. The unpaid principal
amount of the amount borrowed bears an interest rate of 14% per
annum and matures on the date that is one year following the
Effective Date.

The remaining proceeds of the Loan Agreement will be used for the
purchase of TPUs and general corporate purposes. All obligations
under the Loan Agreement will be secured by liens on certain of
the TPUs and associated assets of the Company located in the
United States.

The Loan Agreement also provides for certain representations,
warranties and affirmative covenants and negative covenants
customary for transactions of this type.

The Loan Agreement also provides that the maturity of the
Companys indebtedness thereunder may be accelerated: if the
Company fails to pay any principal or interest or any other
indebtedness evidenced by the Loan Agreement when due and
payable; upon the occurrence of any other default or breach of
representation, warranty or covenant under the Loan Agreement or
any other loan documents; or if the Company executes an
assignment for the benefit of creditors, admits in writing its
inability to pay, or fails to pay, its debts generally as they
become due, allows the appointment of a receiver, trustee or
custodian of the Company, files or has filed against it a
petition for relief under the Bankruptcy Code or any similar law
that is not dismissed within sixty (60) days, or seeks to suspend
any of the rights of the Lenders in the Loan Agreement.

Item 2.03 Creation of a Direct Financial Obligation or an
Obligation under an Off-Balance Sheet Arrangement of a
Registrant.

The information set forth in Item 1.01 above is incorporated by
reference into this Item 2.03.


About ECO-STIM ENERGY SOLUTIONS, INC. (NASDAQ:ESES)

Eco-Stim Energy Solutions, Inc. is an oilfield services company. The Company provides well stimulation, coiled tubing and field management services to the upstream oil and gas industry. The Company focuses on the active shale and unconventional oil and natural gas basins outside the United States and it has commenced operations in Argentina. The Company operates well stimulation fleets, coiled tubing units and other downhole completion equipment, as well as provides sweet spot analysis in shale resource basins using geophysical predictive modeling combined with real-time feedback from down-hole diagnostic tools. The Company offers a pumping fleet, including well-stimulation pumps, nitrogen pumping units and cranes, in both trailer-mounted and skid-mounted configurations. It provides a range of pressure-pumping services, including work-over pumping, well injection and wireline pump downs.

ECO-STIM ENERGY SOLUTIONS, INC. (NASDAQ:ESES) Recent Trading Information

ECO-STIM ENERGY SOLUTIONS, INC. (NASDAQ:ESES) closed its last trading session down -0.02 at 2.05 with 85,649 shares trading hands.