Hicks Acquisition Co I S-3 Shelf registration

Exhibit 12.1

Computation of Ratio of Earning to Fixed Charges

Resolute Energy Corporation

Ratio of Earning to Fixed Charges

(In thousands $)

												February 26, 2007
	Six Months Ended		Fiscal Year Ended December 31,									(inception) to
	June 30, 2012		2011		2010		2009			2008		December 31, 2007
Earnings:
Income (loss) before income taxes	$	32,870	$	48,355	$	8,574	$	(65,130	)	$	6,041	$	4,118
Fixed charges, excluding capitalized interest		8,030		7,312		6,905		2,205			40		10
Earnings	$	40,900	$	55,667	$	15,479	$	(62,925	)	$	6,081	$	4,128
Fixed charges:
Interest expense, including capitalized interest	$	6,722	$	5,145	$	5,317	$	1,538		$	—	$	—
Estimate of interest within rental expense		1,307		2,167		2,047		667			40		10
Fixed charges	$	8,029	$	7,312	$	7,364	$	2,205		$	40	$	10
Ratio of earnings to fixed charges		5.1		7.6		2.1		(a	)		152.0		412.8

Predecessor Resolute

Ratio of Earnings to Fixed Charges

(In thousands $)

	For the 267 Day
	Period Ended			Fiscal Year Ended December 31,
	September 24, 2009			2008			2007
Earnings:
Loss before income taxes	$	(46,611	)	$	(108,666	)	$	(102,672	)
Fixed charges		19,948			35,813			37,226
Earnings	$	(26,663	)	$	(72,853	)	$	(65,446	)
Fixed charges:
Interest expense	$	18,416		$	33,139		$	35,898
Estimate of interest within rental expense		1,532			2,674			1,328
Fixed charges	$	19,948		$	35,813		$	37,226
Ratio of earnings to fixed charges		(b	)		(b	)		(b	)

(a) Ratio is less than one; earnings are inadequate to cover fixed charges. The dollar amount of the coverage deficiency for the fiscal year ended December 31, 2009 was $65.1 million.

(b) Ratio was less than 1.0; the coverage deficiency was $46.6 million for the 267 day period ended September 24, 2009, and $108.7 million and $102.7 million for the fiscal years ended December 31, 2008 and 2007 respectively.