Press Release

Prospect Energy Corporation Makes Initial Senior Secured Debt Investment in Conquest Cherokee LLC

NEW YORK, NY - (MARKET WIRE) - 05/09/06 - Prospect Energy Corporation (NASDAQ: PSEC) ("Prospect") announced today that it has made an initial $3.5 million senior secured debt investment

Prospect Energy Corporation Schedules Third Fiscal Quarter 2006 Earnings Release and Conference Call

NEW YORK, NY - (MARKET WIRE) - 04/26/06 - Prospect Energy Corporation (NASDAQ: PSEC) (the "Company") announced today that it will report its third fiscal quarter 2006 results for

Prospect Energy Corporation Makes Senior Secured Debt Investment in Central Illinois Energy, LLC

NEW YORK, NY - (MARKET WIRE) - 04/25/06 - Prospect Energy Corporation (NASDAQ: PSEC) ("Prospect") announced today that it has made an $8 million senior secured debt investment in

Prospect Energy Corporation Makes Senior Secured Debt Investment in Iron Horse Coiled Tubing Inc.

NEW YORK, NY - (MARKET WIRE) - 04/24/06 - Prospect Energy Corporation (NASDAQ: PSEC) ("Prospect") announced today that it has made a $9.25 million senior secured debt investment in

Prospect Energy Corporation Makes Senior Debt Investment in Charlevoix Energy Trading, LLC

NEW YORK - (MARKET WIRE) - 04/20/06 - Prospect Energy Corporation (NASDAQ: PSEC) ("Prospect") announced today that it has made a $5.5 million senior debt investment in Charlevoix Energy

Prospect Energy Corporation Increases Quarterly Dividend to $0.30 per Share

NEW YORK, NY - (MARKET WIRE) - 03/15/06 - Prospect Energy Corporation (NASDAQ: PSEC) ("Prospect") announced today that it has declared a third fiscal quarter (for the fiscal year

Prospect Energy Corporation Enters Into Initial Revolving Credit Facility

NEW YORK, NY - (MARKET WIRE) - 02/21/06 - Prospect Energy Corporation (NASDAQ: PSEC) announced today that it has entered into an initial revolving credit facility (the "Facility") with

Prospect Energy Corporation Announces Dismissal of All Dallas Gas Partners Claims

NEW YORK, NY - (MARKET WIRE) - 02/21/06 - Prospect Energy Corporation (NASDAQ: PSEC) announced today that the United States District Judge for the United States District Court for

Prospect Energy Corporation Makes Senior Secured Debt and Preferred Equity Investment in Appalachian Energy Holdings, LLC

NEW YORK, NY - (MARKET WIRE) - 02/15/06 - Prospect Energy Corporation (NASDAQ: PSEC) ("Prospect") announced today that it has made a $3.0 million senior secured debt and a

Prospect Energy Corporation Announces Financial Results for Second Fiscal Quarter Ended December 31, 2005 and Provides Guidance for Third Fiscal Quarter

NEW YORK, NY - (MARKET WIRE) - 02/09/06 - Prospect Energy Corporation (NASDAQ: PSEC) today announced financial results for its second fiscal quarter ended December 31, 2005. Our net