NGP Capital Resources Company Delays Annual Stockholders Meeting

NGP Capital Resources Company Delays Annual Stockholders Meeting  Houston, Texas, April 22, 2014 (GLOBE NEWSWIRE) -- NGP Capital Resources Company (NASDAQ: NGPC) (the "Company") today announced that its Board of Directors has elected to delay the Company's annual meeting of stockholders until further notice, and has amended the Company's bylaws accordingly. The Company's bylaws previously required that an annual meeting of stockholders be held during the month of May.  In September  2013, the  Company engaged  Keefe, Bruyette  & Woods,  a  Stifel  company ("KBW"), as  financial advisor  to the  Company in  its evaluation  of  strategic alternatives to enhance stockholder value. Since that announcement, the Board  of  Directors, with  the  assistance  of KBW,  has  considered  and  continues to consider a number  of alternative proposals with various  parties  and a  variety of  structures. The  Board has  made substantial  progress  in  exploring and evaluating  many alternatives and  proposals, the diversity  and  complexity of which has resulted in a lengthier process.  Steve Gardner, the Company's President  and Chief Executive Officer said,  "We  are pleased with  the level  of interest  and participation  in our  strategic  alternatives process.  We believe  that taking  the time  to investigate  the  varying proposals presented to the Company  is in the best long-term  interest  of our stockholders.  We appreciate the  patience of our  stockholders as  we  work through this process."  No decision has been made to enter into a transaction at this time, and  there  can be no  assurance that the  Company will  enter into a  transaction in  the  future. The  Company does  not plan  to disclose  or comment  on  developments  regarding the  strategic  review  process  until it  is  complete  or  further  disclosure is deemed appropriate.  About NGP Capital Resources Company  NGP Capital  Resources Company  is  a closed-end,  non-diversified  management  investment company that has elected to be regulated as a business  development  company under the Investment  Company Act of 1940.  We principally invest  in  private companies  and  from  time to  time,  we  may also  invest  in  public  companies.  We  invest  primarily  in  senior  secured  and  mezzanine  loans  according to our business plan and in some instances receive equity  interests  in portfolio companies in  connection with such  investments. Our manager  is  NGP Investment  Advisor, LP,  an affiliate  of NGP  Energy Capital  Management  ("NGP ECM"). Founded in  1988, NGP ECM is  a premier investment franchise  in  the natural resources industry, which together with its affiliates has managed approximately $13 billion in cumulative committed capital since inception. NGP ECM's  investment  platform   includes  Natural  Gas   Partners,  NGP   Global  Agribusiness Partners, NGP Capital Resources Company and NGP Energy Technology Partners, L.P.  Forward-Looking Statements  This press release may contain  forward-looking statements. We may use  words  such as "anticipates," "believes," "intends," "plans," "expects,"  "projects,"  "estimates," "will,"  "should,"  "may"  and similar  expressions  to  identify  forward-looking statements. These forward-looking  statements are subject  to  various risks and uncertainties. Certain  factors could cause actual  results  and conditions  to  differ  materially from  those  projected,  including  the  uncertainties associated with the timing  of transaction closings, changes  in  interest rates, availability of transactions, the future operating results of our portfolio companies, regulatory factors, changes in regional, national, or international economic  conditions and  their impact  on the  industries  in  which we invest, other changes in the conditions of the industries in which we invest and other  factors enumerated in  our filings with  the Securities  and  Exchange Commission (the "SEC").  You should not place undue reliance on such forward-looking statements,  which  speak only as of the date they are made. We undertake no obligation to update our forward-looking statements made herein, unless required by law.  Persons considering  an investment  in NGP  Capital Resources  Company  should  consider the investment  objectives, risks,  and charges and  expenses of  the  Company carefully before  investing. Such information  and other  information  about us is  available in our  annual report  on Form 10-K,  in our  quarterly  reports on  Form 10-Q  and  in prospectuses  we issue  from  time to  time  in  connection with our offering of securities. Such materials are filed with the SEC and copies  are available on  the SEC's website,, and in  the  Investor Relations  section of  our  website at  Prospective  investors should read such materials carefully before investing.  INVESTMENT CONTACT:  Please send investment proposals to:  NGP Capital Resources Company 713-752-0062  Steve Gardner (,  Michael Brown (, or  Hans Hubbard (  INVESTOR RELATIONS CONTACT:  L. Scott Biar (, 713-752-0062.  company logo  
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