The Crude Life Interview: Chris Boswell, EcoStim

The Crude Life

00:00 / 20 minutes

Chris Boswell, co-founder and CEO, EcoStim Energy Solutions has more than 28 years of executive management experience in the oilfield-services industry, Boswell has helped grow numerous successful businesses. As the CFO of Petroleum Geo-Services, he helped expand PGS’ operations into new international markets and secured over $3 billion in capital to facilitate the company’s rapid growth—including greater than 30 percent market share in the global marine seismic market while growing revenues to over $1 billion. He also completed over $1 billion in mergers and acquisitions and listed the Company’s shares on the New York Stock Exchange.

Following PGS, he co-founded Particle Drilling Technologies and completed a reverse merger IPO and secured over $35 million in capital to test the Company’s patented technology. During his term as the Co-founder and CFO, he successfully listed the Company’s shares on the NASDAQ Stock Exchange and generated a research following with such names as RBC Capital Markets & Morgan Keegan.

Following Particle Drilling Technologies, Mr. Boswell took on a turnaround project at a Kleiner Perkins portfolio company, Neos Geo-Solutions. During his term there as CFO, he helped recruit a new CEO and secure $60 million in secondary financing, which included investors such as Bill Gates. He also worked closely with Carlos Fernandez to negotiate a major contract with ExxonMobil in Argentina, a key development in the Company’s successful turnaround.