CorEnergy Infrastructure Trust Prices Offering of Common Stock

  CorEnergy Infrastructure Trust Prices Offering of Common Stock

Business Wire

LEAWOOD, Kan. -- December 13, 2012

CorEnergy Infrastructure Trust, Inc. (NYSE: CORR) (CorEnergy) today announced
the pricing of its previously announced underwritten public offering.
CorEnergy has agreed to sell 13,000,000 shares of its common stock at a
purchase price of $6.00 per share. The gross proceeds of the offering are
expected to be approximately $78 million, before underwriting discounts and
other estimated offering expenses. CorEnergy has granted the underwriters a
30-day option to purchase up to an aggregate of 1,950,000 additional shares of
common stock. The offering is expected to close on or about December 18, 2012,
subject to customary closing conditions.

CorEnergy intends to use the net proceeds of the offering for the previously
announced anticipated acquisition of a Liquids Gathering System located in the
Pinedale Field in Wyoming from an indirect wholly-owned subsidiary of Ultra
Petroleum Corp. (NYSE: UPL). The transaction is expected to close in
mid-December 2012.

BofA Merrill Lynch, KeyBanc Capital Markets, RBC Capital Markets, Wells Fargo
Securities and Stifel Nicolaus Weisel are acting as joint book running
managers for the offering.

The shares of common stock are being offered pursuant to an effective shelf
registration statement that the Company previously filed with the U.S.
Securities and Exchange Commission under the name Tortoise Capital Resources
Corp. Electronic copies of the preliminary prospectus supplement and
accompanying base prospectus are available from the SEC website at
www.sec.gov.

Hard copies of the preliminary prospectus supplement and base prospectus
related to the offering can be obtained from: BofA Merrill Lynch, 222
Broadway, New York, NY 10038 Attn: Prospectus Department or email
dg.prospectus_requests@baml.com; KeyBanc Capital Markets, 127 Public Square,
4^th Floor, Cleveland, OH 44114, Attn: Prospectus Delivery Department; RBC
Capital Markets, 277 Front St., 5^th Floor, Toronto, Ontario M5V 2X4, Attn:
Distribution Centre; Wells Fargo Securities, 375 Park Avenue, New York, NY
10152, Attn: Equity Syndicate Department, or email
cmclientsupport@wellsfargo.com; or Stifel Nicolaus Weisel, One South Street,
15^th Floor, Baltimore, MD 21202, or email syndprospectus@stifel.com.

Safe Harbor Statement

This press release shall not constitute an offer to sell or a solicitation of
an offer to buy, nor shall there be any sale of, securities in any state or
jurisdiction in which such offer or solicitation or sale would be unlawful
prior to registration or qualification under the laws of such state or
jurisdiction.

Forward-Looking Statements

This press release contains certain statements that may include
"forward-looking statements" within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.
All statements, other than statements of historical fact, included herein are
"forward-looking statements." Although CorEnergy believes that the
expectations reflected in these forward-looking statements are reasonable,
they do involve assumptions, risks and uncertainties, and these expectations
may prove to be incorrect. Actual results could differ materially from those
anticipated in these forward-looking statements as a result of a variety of
factors, including those discussed in CorEnergy’s reports that are filed with
the Securities and Exchange Commission. You should not place undue reliance on
these forward-looking statements, which speak only as of the date of this
press release.

Contact:

CorEnergy Infrastructure Trust, Inc.
Rachel Stroer, Investor Relations
877-699-CORR (2677)
info@corridortrust.com
 
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