Press Release

Prospect Energy Corporation Provides Senior Secured Debt Financing to Arctic Acquisition Corp.

NEW YORK, NY - (MARKET WIRE) - 07/19/05 - Prospect Energy Corporation (NASDAQ: PSEC) ("Prospect") announced today that it has agreed to provide $9.25 million of senior secured debt

Prospect Energy Corporation Provides Senior Secured Convertible Debt Financing to Miller Petroleum, Inc.

NEW YORK, NY - (MARKET WIRE) - 05/09/05 - Prospect Energy Corporation (NASDAQ: PSEC), ("Prospect") announced today that it has agreed to provide $3.15 million of senior secured debt

Prospect Energy Corporation Schedules Third Fiscal Quarter Earnings Release and Conference Call for the Period Ended March 31, 2005

NEW YORK, NY - (MARKET WIRE) - 04/28/05 - Prospect Energy Corporation (NASDAQ: PSEC) (the "Company") announced today that the Company will report earnings before the opening of the

Prospect Energy Corporation Announces Increase in Cash Dividend to $0.15 per Share and Expansion of Management Role of Mr. William Vastardis

NEW YORK, NY - (MARKET WIRE) - 04/21/05 - Prospect Energy Corporation (NASDAQ: PSEC), ("Prospect" or "Company") announced today that its Board of Directors has approved a dividend of

Prospect Energy Corporation Provides Senior Secured Debt and Preferred Equity Financing to Whymore Coal Company

NEW YORK, NY - (MARKET WIRE) - 04/14/05 - Prospect Energy Corporation (NASDAQ: PSEC) ("Prospect") announced today that it has provided $4.9 million of senior secured debt and preferred

Prospect Energy Corporation Provides Senior Secured Debt and Equity Financing to Stryker Energy II, LLC

NEW YORK, NY - (MARKET WIRE) - 04/11/05 - Prospect Energy Corporation (NASDAQ: PSEC) ("Prospect") announced today that it has provided $9.8 million of senior secured debt and equity

Prospect Energy Corporation Announces $0.125 Cash Dividend and December 31, 2004 Financial Results

NEW YORK, NY - (MARKET WIRE) - 02/09/05 - Prospect Energy Corporation (NASDAQ: PSEC) ("Prospect Energy," "the Company" or "we") today announced financial results for its second fiscal quarter

Prospect Energy Corporation Schedules Second Fiscal Quarter Earnings Release and Conference Call for the Period Ended December 31, 2004

NEW YORK, NY - (MARKET WIRE) - 02/07/05 - Prospect Energy Corporation (NASDAQ: PSEC) (the "Company") announced today that the Company will report earnings before the opening of the

Prospect Energy Corporation Provides Senior Secured Debt Financing to Natural Gas Systems, Inc.

NEW YORK, NY - (MARKET WIRE) - 02/03/05 - Prospect Energy Corporation (NASDAQ: PSEC) ("Prospect") announced today that it has agreed to provide up to $4.8 million of senior

Prospect Energy Corporation Provides Financing to Unity Virginia Holdings

NEW YORK, NY - (MARKET WIRE) - 02/01/05 - Prospect Energy Corporation (NASDAQ: PSEC) announced today that it has provided $3,900,000 in financing to Unity Virginia Holdings LLC ("UVH").