UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K/A

(AMENDMENT NO.1)

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report: (Date of earliest event reported) July 26, 2006

Prospect Energy Corporation

 

(Exact name of registrant as specified in its charter)

United States		333-114552		43-2048643
(State or other jurisdiction		(Commission		(IRS Employer
Of incorporation)		File Number)		Identification No.)

10 East 40th Street, Suite 4400, New York, New York		10016
(Address of principal executive offices)		(Zip Code)
Registrant’s telephone number, including area code		(212) 448-0702

N/A

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

EXPLANATORY NOTE

          This Current Report on Form 8-K/A amends the Current Report on Form 8-K filed July 26, 2006, solely to correct an inadvertent error in the designation of the Item under which it is filed.

          Item 1.01 Entry into a Material Definitive Agreement

          Prospect Energy Corporation Closes Larger $50 Million Revolving Credit Facility.

SIGNATURES

          Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.