EXHIBIT 12.1
Alta Mesa Holdings, LP
Ratio of Earnings to Fixed Charges
| Nine Months Ended September 30, 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||||||
| (dollars in thousands, except ratio) | ||||||||||||||||||||||||
Earnings: | ||||||||||||||||||||||||
Net income (loss) before tax | $ | (45,635 | ) | $ | 65,407 | $ | 14,231 | $ | (50,037 | ) | $ | 36,880 | $ | (27,476 | ) | |||||||||
Fixed charges: | ||||||||||||||||||||||||
Interest (1) | 29,765 | 38,565 | 23,981 | 11,949 | 9,212 | 9,010 | ||||||||||||||||||
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Earnings before fixed charges | (15,870 | ) | 103,972 | 38,212 | (38,088 | ) | 46,092 | (18,466 | ) | |||||||||||||||
Fixed charges: | ||||||||||||||||||||||||
Interest (1) | 29,765 | 38,565 | 23,981 | 11,949 | 9,212 | 9,010 | ||||||||||||||||||
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Total fixed charges | $ | 29,765 | $ | 38,565 | $ | 23,981 | $ | 11,949 | $ | 9,212 | $ | 9,010 | ||||||||||||
Ratio of earnings to fixed charges | N/A | 2.70 | 1.59 | N/A | 5.00 | N/A | ||||||||||||||||||
| (1) | Interest expense includes interest on debt, amortization of discount on debt, and an estimate of the interest expense portion of rent expense. |