FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Stoltz Donald III 		2. Issuer Name and Ticker or Trading Symbol

Eco-Stim Energy Solutions, Inc. [ ESES ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      __ X __ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

12 VANDERBILT DRIVE 		3. Date of Earliest Transaction (MM/DD/YYYY)

4/11/2016
(Street)

LIVINGSTON, NJ 07039
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   4/11/2016     P    2693   A $2.3187   2400081   I   By Argentina Fund   (1)
Common Stock   4/12/2016     P    1340   A $2.5280   2401421   I   By Argentina Fund   (1)
Common Stock   4/13/2016     P    1708   A $2.5959   2403129   I   By Argentina Fund   (1)
Common Stock   4/19/2016     P    1000   A $2.61   2404129   I   By Argentina Fund   (1)
Common Stock   4/20/2016     P    1300   A $2.7915   2405429   I   By Argentina Fund   (1)
Common Stock   6/2/2016     P    18408   A $2.6932   2423837   I   By Argentina Fund   (1)
Common Stock   6/3/2016     P    5331   A $2.8039   2429168   I   By Argentina Fund   (1)
Common Stock   6/6/2016     P    11149   A $2.8290   2440317   I   By Argentina Fund   (1)
Common Stock   6/7/2016     P    5031   A $2.7310   2445348   I   By Argentina Fund   (1)
Common Stock   6/8/2016     P    2500   A $2.792   2447848   I   By Argentina Fund   (1)
Common Stock   6/13/2016     P    3177   A $2.65   2451025   I   By Argentina Fund   (1)
Common Stock   6/15/2016     P    1100   A $2.78   2452125   I   By Argentina Fund   (1)
Common Stock   6/16/2016     P    6666   A $2.7509   2458791   I   By Argentina Fund   (1)
Common Stock   6/23/2016     P    9861   A $2.8999   2468652   I   By Argentina Fund   (1)
Common Stock   6/28/2016     P    4977   A $2.8950   2473629   I   By Argentina Fund   (1)
Common Stock   6/30/2016     P    7297   A $2.8507   2480926   I   By Argentina Fund   (1)
Common Stock   7/1/2016     P    13600   A $2.7529   2494526   I   By Argentina Fund   (1)
Common Stock   8/17/2016     P    20000   A $2.3982   2514526   I   By Argentina Fund   (1)
Common Stock   8/18/2016     P    300000   A $2.25   2814526   I   By Argentina Fund   (1)
Common Stock   8/23/2016     P    50000   A $2.4   2864526   I   By Argentina Fund   (1)
Common Stock   9/13/2016     P    38683   A $2.0818   2903209   I   By Argentina Fund   (1)
Common Stock   9/15/2016     P    25451   A $2.1190   2928660   I   By Argentina Fund   (1)
Common Stock   9/22/2016     P    50874   A $2.2781   2979534   I   By Argentina Fund   (1)
Common Stock                  1471838   (3) I   By Argentina Fund   (1)
Common Stock                  1507696   (3) I   By Argentina Fund 2   (2)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Explanation of Responses:
(1)  By Bienville Argentina Opportunities Master Fund, LP ("Argentina Fund"). The Reporting Person serves as the portfolio manager of the registered investment adviser to Argentina Fund, and as such he could be deemed to indirectly beneficially own the shares held by Argentina Fund. The Reporting Person disclaims beneficial ownership of the shares, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission of beneficial ownership of these securities for Section 16 or any other purposes.
(2)  By Bienville Argentina Opportunities Fund 2.0, LP ("Argentina Fund 2"). The Reporting Person serves as the portfolio manager of the registered investment adviser to Argentina Fund 2, and as such he could be deemed to indirectly beneficially own the shares held by Argentina Fund 2. The Reporting Person disclaims beneficial ownership of the shares, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission of beneficial ownership of these securities for Section 16 or any other purposes.
(3)  On April 3, 2017, 1,507,696 shares of the Issuer were transferred by Argentina Fund to Argentina Fund 2 as part of an in-kind distribution of assets by Argentina Fund to certain of its investors who have elected to rollover all or a portion of their investment in Argentina Fund to Argentina Fund 2 via an in-kind contribution of securities to Argentina Fund 2. Accordingly, there was no change in beneficial ownership of any investors in either Fund with respect to the shares of the Issuer as a result of the transaction. With respect to the Reporting Person, the transaction only effected a change in the form of beneficial ownership without changing the Reporting Person's pecuniary interest in the shares and was exempt from Section 16 of the Securities Exchange Act of 1934 pursuant to Rule 16a-13.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Stoltz Donald III
12 VANDERBILT DRIVE
LIVINGSTON, NJ 07039 		X X


Signatures
/s/ Donald Stoltz, III 4/19/2017
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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