NGPC - Press Release 03/03/05

PRESS RELEASE

NGP Capital Resources Company
Schedules December 31, 2004 Financial Results Release
and Investor Conference Call for March 15, 2005;
Annual Meeting for May 18, 2005

HOUSTON, Texas (BusinessWire) – March 3, 2005 – NGP Capital Resources Company (NASDAQ: NGPC) today announced that it plans to publicly release its financial results for the period ending December 31, 2004 on Tuesday, March 15, 2005. NGPC invites all interested persons to participate in its conference call on March 15, 2005 at 10:30 am Eastern Time. The dial-in number for the call is (800) 818-5264. International callers should dial (913) 981-4910. The pass code for the conference call is 3434607.

The Company will maintain an audio replay of the call from 1:30 pm Eastern Time on March 15, through March 18, 2005. The replay dial-in number is (888) 203-1112. International callers should dial (719) 457-0820. The replay pass code is 3434607.

During the call, management may discuss certain commonly used non-GAAP financial measures. If such measures are discussed, the Company will provide reconciliations to the most directly comparable GAAP financial measures in the earnings release.

The Company also announced that it will hold its 2005 annual meeting of stockholders on Wednesday, May 18, 2005. The record date for the annual meeting is March 15, 2005.

About NGP Capital Resources Company
NGP Capital Resources Company is a new financial services company organized by Natural Gas Partners to invest primarily in debt securities of small and mid-size energy companies. NGP Capital Resources Company's investment objective is to generate both current income and capital appreciation primarily through debt investments with certain equity components. Natural Gas Partners, founded in 1988, is a leading provider of private equity capital and sponsorship to the energy industry.
Forward-Looking Statements

Statements about the Company’s outlook and all other statements in this release other than historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements and all references to financial estimates rely on a number of assumptions concerning future events and are subject to a number of uncertainties and other factors, many of which are outside its control, which could cause actual results to differ materially from such statements. While the Company believes that the assumptions concerning future events are reasonable, it cautions that there are inherent difficulties in anticipating or predicting certain important factors. A discussion of these factors, including risks and uncertainties, is set forth in the Company’s filings with the Securities and Exchange Commission. The Company disclaims any intention or obligation to revise any forward-looking statements, including financial estimates, whether as a result of new information, future events, or otherwise.

INVESTMENT CONTACT: Please send investment proposals to: NGP Capital Resources Company, Rich Bernardy (rbernardy@ngpcrc.com) or Kelly Plato (kplato@ngpcrc.com) 713-752-0062.

Contact:
NGP Capital Resources Company
Steve Gardner
713-752-0062
Investor_relations@ngpcrc.com


 

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