Premiere Elements 12 crash, lost all saved data on a new project.

I was working on a short project that had many video and audio clips. About 3 hours into the project Premier Elements 12 crashed. Now It will not open the saved data. It simply tells me "An unknown error occurred while opening the project"  Am I SOL? Is this what I should expect as a regular from Adobe? More importantly, is there a method to recover the project? I am a new user to Adobe Elements and video editing in general.

Thanks,

Jordan M-