CUSIP No.
27888D101
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SCHEDULE 13G
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Page 1 of 12
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
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Washington, D.C.
20549
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SCHEDULE
13G
Under
the Securities Exchange Act of 1934
INFORMATION
TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO
RULE 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED
PURSUANT
TO RULE 13d-2(b)
(AMENDMENT
NO.)*
ECO-STIM
ENERGY SOLUTIONS, INC.
(Name
of Issuer)
Common
Stock, par value $0.001 per share
(Title
of Class of Securities)
27888D101
(CUSIP
Number)
March
28, 2018
(Date
of Event Which Requires Filing of this Statement)
Check
the appropriate box to designate the rule pursuant to which this Schedule is filed:
[ ]
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Rule 13d-1(b)
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[X]
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Rule 13d-1(c)
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[ ]
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Rule 13d-1(d)
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*
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The
remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the
subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in
a prior cover page.
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The information
required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the
Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall
be subject to all other provisions of the Act (however, see the Notes).
CUSIP No.
27888D101
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SCHEDULE 13G
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Page
2 of 12
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EXPLANATORY
NOTE
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1.
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Names
of Reporting Persons
Bienville
Global Opportunities Fund, LP
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2.
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Check the Appropriate Box if a Member
of a Group (See Instructions)
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(a)
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[ ]
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(b)
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[ ]
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3.
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SEC
Use Only
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4.
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Citizenship
or Place of Organization
Delaware
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Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:
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5.
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Sole
Voting Power
0
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6.
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Shared
Voting Power
5,262,844
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7.
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Sole
Dispositive Power
0
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8.
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Shared
Dispositive Power
5,262,844
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9.
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Aggregate
Amount Beneficially Owned by Each Reporting Person
5,262,844
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10.
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Check
if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ]
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11.
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Percent
of Class Represented by Amount in Row (9)
7.1%
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12.
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Type
of Reporting Person (See Instructions)
PN
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CUSIP No.
27888D101
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SCHEDULE 13G
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Page
3 of 12
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1.
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Names
of Reporting Persons
BGOF
GP, LLC
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2.
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Check the Appropriate Box if a Member
of a Group (See Instructions)
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(a)
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[ ]
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(b)
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[ ]
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3.
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SEC
Use Only
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4.
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Citizenship
or Place of Organization
Delaware
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Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:
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5.
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Sole
Voting Power
0
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6.
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Shared
Voting Power
5,262,844
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7.
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Sole
Dispositive Power
0
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8.
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Shared
Dispositive Power
5,262,844
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9.
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Aggregate
Amount Beneficially Owned by Each Reporting Person
5,262,844
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10.
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Check
if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ]
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11.
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Percent
of Class Represented by Amount in Row (9)
7.1%
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12.
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Type
of Reporting Person (See Instructions)
OO
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CUSIP No.
27888D101
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SCHEDULE 13G
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Page
4 of 12
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1.
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Names
of Reporting Persons
Bienville
Capital Management, LLC
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2.
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Check the Appropriate Box if a Member
of a Group (See Instructions)
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(a)
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[ ]
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(b)
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[ ]
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3.
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SEC
Use Only
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4.
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Citizenship
or Place of Organization
Delaware
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Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:
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5.
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Sole
Voting Power
0
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6.
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Shared
Voting Power
5,984,205
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7.
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Sole
Dispositive Power
0
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8.
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Shared
Dispositive Power
5,984,205
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9.
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Aggregate
Amount Beneficially Owned by Each Reporting Person
5,984,205
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10.
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Check
if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ]
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11.
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Percent
of Class Represented by Amount in Row (9)
8.0%
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12.
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Type
of Reporting Person (See Instructions)
IA
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CUSIP No.
27888D101
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SCHEDULE 13G
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Page
5 of 12
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1.
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Names
of Reporting Persons
William
Herbert Stimpson, II
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2.
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Check the Appropriate Box if a Member
of a Group (See Instructions)
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(a)
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[ ]
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(b)
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[ ]
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3.
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SEC
Use Only
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4.
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Citizenship
or Place of Organization
United States
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Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:
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5.
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Sole
Voting Power
0
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6.
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Shared
Voting Power
5,984,205
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7.
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Sole
Dispositive Power
0
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8.
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Shared
Dispositive Power
5,984,205
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9.
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Aggregate
Amount Beneficially Owned by Each Reporting Person
5,984,205
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10.
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Check
if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ]
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11.
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Percent
of Class Represented by Amount in Row (9)
8.0%
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12.
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Type
of Reporting Person (See Instructions)
IN
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CUSIP No.
27888D101
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SCHEDULE 13G
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Page
6 of 12
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1.
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Names
of Reporting Persons
Michael
Cullen Thompson, Jr.
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2.
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Check the Appropriate Box if a Member
of a Group (See Instructions)
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(a)
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[ ]
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(b)
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[ ]
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3.
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SEC
Use Only
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4.
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Citizenship
or Place of Organization
United States
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Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:
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5.
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Sole
Voting Power
0
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6.
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Shared
Voting Power
5,984,205
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7.
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Sole
Dispositive Power
0
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8.
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Shared
Dispositive Power
5,984,205
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9.
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Aggregate
Amount Beneficially Owned by Each Reporting Person
5,984,205
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10.
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Check
if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ]
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11.
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Percent
of Class Represented by Amount in Row (9)
8.0%
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12.
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Type
of Reporting Person (See Instructions)
IN
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CUSIP No.
27888D101
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SCHEDULE 13G
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Page
7 of 12
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Item
1.
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(a)
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Name
of Issuer
Eco-Stim Energy Solutions, Inc.
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(b)
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Address
of Issuer’s Principal Executive Offices
2930 W. Sam Houston Parkway North
Suite
275
Houston,
TX 77043
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Item 2.
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(a)
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Name
of Person Filing
Bienville Global Opportunities Fund, LP ("Global Fund");
BGOF GP, LLC, a Delaware limited liability company ("General Partner")
Bienville Capital Management, LLC, a Delaware limited
liability company (“Investment Manager”);
William
Herbert Stimpson, II
Michael
Cullen Thompson, Jr.
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(b)
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Address
of the Principal Office or, if none, Residence
521 Fifth Avenue
35th
Floor
New
York, NY 10175
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(c)
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Citizenship
All entities are organized in Delaware. The individuals are all United States citizens.
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(d)
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Title
of Class of Securities
Common Stock, par value $0.001 per share
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(e)
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CUSIP
Number
27888D101
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CUSIP No.
27888D101
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SCHEDULE 13G
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Page
8 of 12
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Item 3.
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If this statement is filed pursuant
to ss.240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
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(a)
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[ ]
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Broker
or dealer registered under Section 15 of the Exchange Act;
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(b)
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Bank
as defined in Section 3(a)(6) of the Exchange Act;
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(c)
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[ ]
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Insurance
company as defined in Section 3(a)(19) of the Exchange Act;
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(d)
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Investment
company registered under Section 8 of the Investment Company Act;
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(e)
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[ ]
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An
investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
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(f)
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[ ]
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An
employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);
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(g)
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[ ]
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A
parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);
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(h)
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[ ]
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A
savings association as defined in Section 3(b) of the Federal Deposit Insurance Act;
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(i)
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[ ]
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A
church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company
Act;
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(j)
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[ ]
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Group,
in accordance with Rule 13d-1(b)(1)(ii)(J).
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If
filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please specify the type of institution: _
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Item 4.
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Ownership.
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Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
1
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(a)
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Amount beneficially owned:
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Global Fund
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5,262,844
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General Partner
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5,262,844
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Investment Manager
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5,984,205
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William Herbert Stimpson, II
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5,984,205
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Michael Cullen Thompson, Jr.
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5,984,205
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(b)
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Percent of class: (1)
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Argentina Fund 2
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7.1%
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General Partner 2
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7.1%
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Investment Manager
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8.0%
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William Herbert Stimpson, II
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8.0%
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Michael Cullen Thompson, Jr.
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8.0%
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CUSIP No.
27888D101
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SCHEDULE 13G
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Page
9 of 12
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(c)
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Number of shares as to which the person has:
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(i)
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Sole power to vote or to direct the vote
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Global Fund
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0
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General Partner
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0
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Investment Manager
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0
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William Herbert Stimpson, II
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0
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Michael Cullen Thompson, Jr.
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0
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(ii)
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Shared power to vote or to direct the vote
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Global Fund
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5,262,844
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General Partner
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5,262,844
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Investment Manager
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5,984,205
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William Herbert Stimpson, II
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5,984,205
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Michael Cullen Thompson, Jr.
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5,984,205
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(iii)
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Sole power to dispose or to direct the disposition of
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Global Fund
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0
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General Partner
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0
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Investment Manager
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0
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William Herbert Stimpson, II
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0
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Michael Cullen Thompson, Jr.
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0
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(iv)
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Shared power to dispose or to direct the disposition of
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Global Fund
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5,262,844
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General Partner
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5,262,844
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Investment Manager
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5,984,205
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William Herbert Stimpson, II
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5,984,205
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Michael Cullen Thompson, Jr.
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5,984,205
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(1)
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The percentages used throughout this Schedule 13G are based upon 74,577,899 shares of common
stock outstanding as of March 16, 2018, as reported in the Company's Annual Report on Form 10-K on March 19, 2018,
for the year ended December 31,
2017.
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CUSIP No.
27888D101
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SCHEDULE 13G
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Page
10 of 12
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Item 5.
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Ownership of Five Percent or Less of a Class.
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If this statement is being filed to report the fact that
as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities,
check the following [ ]
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Item 6.
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Ownership of More than Five Percent on Behalf of Another Person.
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Not applicable.
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Item 7.
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Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding
Company.
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Not applicable.
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Item 8.
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Identification and Classification of Members of the Group.
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Not applicable.
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Item 9.
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Notice of Dissolution of Group.
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Not applicable.
By signing below the undersigned certifies that, to the
best of his or its knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of
or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held
in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection
with a nomination under §240.14a-11.
CUSIP No.
27888D101
|
SCHEDULE 13G
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Page
11 of 12
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SIGNATURE
After
reasonable inquiry and to the best of my knowledge and belief, the undersigned hereby certify that the information set forth in
this statement is true, complete and correct.
April
9, 2018
Bienville
Global Opportunities Fund, LP
By:
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BGOF GP, LLC, its General Partner
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By:
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/s/ Donald Stoltz, III
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Name:
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Donald Stoltz, III
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Title:
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Chief Operating Officer
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BGOF
GP, LLC as General Partner of Bienville Global Opportunities Fund, LP
By:
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/s/ Donald Stoltz, III
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Name:
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Donald Stoltz, III
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Title:
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Chief Operating Officer
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Bienville
Capital Management, LLC, as Investment Manager of Bienville Global Opportunities Fund, LP, and various separately
managed account clients
By:
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/s/ William H. Stimpson, II
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Name:
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William H. Stimpson, II
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Title:
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Managing Member
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William
H. Stimpson, II, as Managing Member of the Investment Manager and BGOF GP, LLC
/s/ William
H. Stimpson, II
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M. Cullen
Thompson, Jr., as Managing Member of the Investment Manager and BGOF GP, LLC
/s/
M. Cullen
Thompson, Jr.
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CUSIP No.
27888D101
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SCHEDULE 13G
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Page
12 of 12
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EXHIBIT
A
STATEMENT
FILED PURSUANT TO RULE 13D-1(K)(1)(III) OF
REGULATION
13D-G OF THE GENERAL RULES AND REGULATIONS
UNDER
THE SECURITIES EXCHANGE ACT OF 1934
Pursuant to Rule 13d-1(k)(1) promulgated under
the Securities Exchange Act of 1934, as amended, each of the undersigned acknowledges and agrees that the foregoing statement on
this Schedule 13G is filed on behalf of the undersigned and that all subsequent amendments to this statement on Schedule 13G shall
be filed on behalf of the undersigned without the necessity of filing additional joint acquisition statements. Each of the undersigned
acknowledges that it shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the
information concerning it contained therein, but shall not be responsible for the completeness and accuracy of the information
concerning the other, except to the extent that he or it knows or has reason to believe that such information is inaccurate.
Dated:
April 9, 2018
Bienville
Global Opportunities Fund, LP
By:
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BGOF GP, LLC, its General Partner
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By:
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/s/ Donald Stoltz, III
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Name:
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Donald Stoltz, III
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Title:
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Chief Operating Officer
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BAOF 2.0
GP, LLC as General Partner of Bienville Global Opportunities Fund, LP
By:
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/s/ Donald Stoltz, III
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Name:
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Donald Stoltz, III
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Title:
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Chief Operating Officer
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Bienville
Capital Management, LLC, as Investment Manager Bienville Global Opportunities Fund, LP, and various separately managed
account clients
By:
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/s/
William H. Stimpson, II
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Name:
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William H. Stimpson, II
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Title:
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Managing Member
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William
H. Stimpson, II, as Managing Member of the Investment Manager and BGOF GP, LLC
/s/ William
H. Stimpson, II
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M. Cullen
Thompson, Jr., as Managing Member of the Investment Manager and BGOF GP, LLC
/s/ M. Cullen
Thompson, Jr.
|
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