Exhibit 12.1
FAR EAST ENERGY CORPORATION
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
| Six Months Ended June 30, 2009 | Year Ended December 31, | |||||||||||||||||||||||
| 2008 | 2007 | 2006 | 2005 | 2004 | ||||||||||||||||||||
Pre-tax income (loss) from continuing operations | $ | (6,936,000 | ) | $ | (22,591,000 | ) | $ | (11,849,000 | ) | $ | (10,343,000 | ) | $ | (8,292,000 | ) | $ | (8,004,000 | ) | ||||||
Add: Total fixed charges | 314,000 | — | — | — | 65,000 | 42,000 | ||||||||||||||||||
Total earnings available for fixed charges | $ | (6,627,000 | ) | $ | (22,591,000 | ) | $ | (11,849,000 | ) | $ | (10,343,000 | ) | $ | (8,227,000 | ) | $ | (7,962,000 | ) | ||||||
Fixed charges: | ||||||||||||||||||||||||
Interest and debt expense | 314,000 | — | — | — | — | 90,000 | ||||||||||||||||||
Assumed interest component of rental expense | — | — | — | — | 65,000 | 33,000 | ||||||||||||||||||
Total fixed charges | $ | 314,000 | $ | — | $ | — | $ | — | $ | 65,000 | $ | 42,000 | ||||||||||||
Ratio of earning to fixed charges | — | (1) | — | (1) | — | (1) | — | (1) | — | (1) | — | (1) | ||||||||||||
| (1) | Earnings were inadequate to cover fixed charges by $6,936,000 for the six months ended June 30, 2009, $22,591,000 in 2008, $11,849,000 in 2007, $10,343,000 in 2006 and $8,292,000 in 2005 and $8,004,000 in 2004. |
