Tortoise Capital Resources Corp. Invests $10 Million in International Resource Partners, L.P.

OVERLAND PARK, Kan., June 13 /PRNewswire-FirstCall/ -- Tortoise Capital Resources Corp. (NYSE: TTO) today announced that it has invested $10 million in a newly formed partnership, International Resource Partners, L.P. The investment represents the purchase of common units in the partnership.

International Resource Partners was formed to acquire companies in the coal industry. The proceeds will fund a portion of the company's initial acquisition of surface and underground coal mine operations in southern West Virginia. The business is comprised of metallurgical and steam coal reserves, a coal washing and preparation plant, rail load-out facilities and a sales and marketing subsidiary.

"In our view, International Resource Partners' diverse business structure gives the company the ability to be self-reliant and situates it to become an MLP qualified asset," said Tortoise Capital Resources' President, Ed Russell. "We expect the company's high-quality coal reserves to continue to command a premium in the spot market, which will create value for our investors."

Tortoise Capital Resources Corp. has invested (excluding short-term investments) approximately $112.7 million, including equity investments in twelve portfolio companies of approximately $103.9 million and debt investments in two portfolio companies of approximately $8.8 million.

About Tortoise Capital Resources Corp.

Tortoise Capital Resources Corp. invests primarily in privately-held and micro-cap public companies operating in the midstream and downstream segments, and to a lesser extent the upstream segment of the U.S. energy infrastructure sector. Tortoise Capital Resources Corp. seeks to provide stockholders a high level of total return, with an emphasis on dividends and dividend growth.

About Tortoise Capital Advisors, LLC

Tortoise Capital Advisors, LLC, the adviser to Tortoise Capital Resources Corp., is a pioneer in the capital markets for master limited partnership (MLP) investment companies and a leader in closed-end funds and separately managed accounts focused on the energy sector. As of May 31, 2007, the adviser had approximately $2.9 billion of energy infrastructure investment assets under management.

Safe Harbor Statement

This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these 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.

    Contact information:
    Tortoise Capital Advisors, LLC
    Pam Kearney, Investor Relations, (866) 362-9331,
    pkearney@tortoiseadvisors.com

SOURCE Tortoise Capital Resources Corp.

Released June 13, 2007