Quarterly report pursuant to Section 13 or 15(d)

Related Party Transactions

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Related Party Transactions
9 Months Ended
Sep. 30, 2018
Related Party Transactions  
Related Party Transactions

13. Related Party Transactions

During 2017, the Company entered into an arrangement with EcoStim Energy Solutions, Inc. (“EcoStim”) for well stimulation and completion services. EcoStim is an affiliate of Fir Tree Inc. who is a holder  of the Company’s outstanding common stock. The Company had $2.1 million included in accounts payable in the Company's consolidated balance sheets at December 31, 2017, to EcoStim that was paid during the nine months ended September 30, 2018. For the three and nine months ended September 30, 2017, the Company paid approximately $5.9 million and $7.3 million, respectively, to EcoStim Energy Solutions, Inc. for services provided.