[LOGO] TORTOISE CAPITAL RESOURCES CORPORATION

                                                                    Exhibit 99.1
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TORTOISE CAPITAL RESOURCES CORP. ANNOUNCES $86.1 MILLION INITIAL PUBLIC OFFERING
OF COMMON SHARES

FOR IMMEDIATE RELEASE

OVERLAND PARK, Kan. - Feb. 01, 2007 - Tortoise Capital Resources Corp. (NYSE:
TTO), a closed-end management investment company focused on the U.S. energy
infrastructure sector, today announced its initial public offering of common
stock. The company sold 5,740,000 shares at $15.00 per share, raising gross
proceeds of $86.1 million. The company has granted the underwriters a 30-day
option to purchase a maximum of 861,000 additional shares of common stock to
cover over-allotments, if any.

Tortoise Capital Resource's investment goal is to provide stockholders with a
high level of total return, with an emphasis on dividends and dividend growth.
The company intends to pursue its investment objective by investing primarily in
privately-held and micro-cap public energy companies operating in the midstream
and downstream segments, and to a lesser extent the upstream segment. The
company has elected to be treated as a business development company under the
Investment Company Act of 1940.

The company is managed by Tortoise Capital Advisors, a registered investment
advisor specializing in the energy infrastructure sector. Tortoise Capital
Advisors had approximately $2.0 billion under management on Nov. 30, 2006,
including the assets of three publicly-traded closed-end investment management
companies (NYSE: TYG, TYY & TYN) focused on the energy infrastructure sector.

Merrill Lynch & Co. acted as the bookrunning manager for the transaction. The
following firms acted as co-managers: Stifel Nicolaus, Wachovia Securities,
Oppenheimer & Co. and Ferris, Baker Watts Incorporated.

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.

The prospectus contains important information about the company, including the
company's investment objective, risks, charges and expenses. An investor should
read the prospectus and carefully consider that important information before
investing. Copies of the prospectus relating to the offering may be obtained
from the offices of Merrill Lynch & Co., 4 World Financial Center, 250 Vesey
Street, New York, N.Y 10080.

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 MLPs in the energy infrastructure sector. As of Nov. 30,
2006, the adviser had approximately $2.0 billion of energy infrastructure
investment assets under management.

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



10801 Mastin Boulevard, Suite 222 | Overland Park, KS 66210 | p: 913.981.1020
| f: 913.981.1021 | www.tortoiseadvisors.com