Eco-Stim Energy Solutions, which provides well stimulation and completion services for upstream oil and gas companies, filed on Friday with the SEC to raise up to $25 million in a public offering. The company currently trades on the OTCQB under the symbol ESES, and plans to uplist to the NASDAQ.
The Houston, TX-based company, which was founded in 2011 and booked $5,000 in sales for the fiscal year months ended December 31, 2013, plans to list on the NASDAQ under the symbol ESES. Eco-Stim Energy Solutions initially filed confidentially on n/a. FBR Capital Markets is the sole bookrunner on the deal. No pricing terms were disclosed.
