Exhibit 99.1


         NGP Capital Resources Company Announces Declaration of Dividend


     HOUSTON--(BUSINESS WIRE)--Dec. 15, 2005--NGP Capital Resources Company
(NASDAQ:NGPC) today announced that its Board of Directors has declared a
dividend to stockholders in the amount of $0.275 per common share. The dividend,
consisting of a $0.15 per share regular quarterly dividend and a $0.125 per
share special dividend will be paid on January 4, 2006 to shareholders of record
on December 27, 2005. The ex-dividend date is December 22, 2005. We anticipate
that the dividend will be paid from ordinary income for tax purposes. The actual
tax characteristics of all dividends will be reported to each shareholder on
Form 1099 after the end of the year.

     About NGP Capital Resources Company

     NGP Capital Resources Company is a closed-end investment company that has
elected to be treated as a business development company under the Investment
Company Act of 1940. The Company's investment portfolio will be principally in
energy related private companies. From time to time, the Company may also invest
in public companies that are not thinly traded. The Company expects to invest
primarily in senior secured and mezzanine loans in furtherance of its business
plan and may receive equity investments in portfolio companies in connection
with such investments. NGP Capital Resources Company is managed by NGP
Investment Advisor, LP, an affiliate of NGP Energy Capital Management. NGP
Energy Capital Management, based in Irving, Texas, is a leading investment firm
with over $3.6 billion of cumulative capital under management serving all
sectors of the energy industry.
     This press release contains forward-looking statements. These
forward-looking statements are subject to various risks and uncertainties, which
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, changes in regional, national, or
international economic conditions and their impact on the industries in which we
invest, or changes in the conditions of the industries in which we invest, and
other factors enumerated in our filings with the Securities and Exchange
Commission.
     We may use words such as "anticipates," "believes," "expects," "intends,"
"will," "should," "may" and similar expressions to identify forward-looking
statements. Undue reliance should not be placed on such forward-looking
statements as such statements speak only as of the date on which they are made.
We do not undertake to update our forward-looking statements 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
the company will be available in our annual report on Form 10-K 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, www.sec.gov. Prospective investors should read such materials
carefully before investing.


    CONTACT: NGP Capital Resources Company, Houston
             Steve Gardner, 713-752-0062
             investor_relations@ngpcrc.com