Chris Boswell, President and Chief Executive Officer of EcoStim Energy Solutions, Inc. (NASDAQ: ESES), presented today at EnerCom’s The Oil & Gas Conference® 20.
EcoStim is an environmentally-focused oilfield service and technology company providing proprietary field management technologies and well stimulation and completion services to oil and gas producers drilling in the rapidly expanding international unconventional shale markets. EcoStim’s proprietary methodology and technology offer the potential to decrease the number of stages stimulated in shale plays through a unique process that predicts high probability production zones while confirming those production zones using the latest generation down-hole diagnostic tools.
July 2015 was the company’s highest revenue month to date, and its revenues for Q2’15 were 38% higher than its Q1’15 results. Higher capacity sand equipment arrived late in the quarter and broadens Eco-Stims future service capability.
During the company’s breakout session, management was asked the following questions:
- Can you explain the general differences between the markets of Argentina and North America?
- Will you need additional capital to meet customer demands if your business ramps up rather quickly?
- Do you have to set up man camps at your locations?
- How do you set yourself apart from some of your bigger competitors?
- How portable are your skids?
- Do you see shareholder distribution increasing as your revenue grows?
- Do you have plans to expand your services?
