Anglo-Suisse Offshore Pipeline Partners S-4 Registration of securities issued in business combination transactions

Exhibit 12.1

ENERGY PARTNERS, LTD.

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(In thousands, except ratio of earnings to fixed charges data)

	Predecessor Company												Successor Company
	Year Ended December 31,									Period from January 1, 2009 through September 30,  2009			Period from October 1, 2009 through December 31,  2009			Year Ended December 31, 2010			Three Months Ended March 31,
	2006			2007			2008												2010		2011
Earnings:
Income (loss) before income taxes	$	(78,485	)	$	(124,562	)	$	(69,227	)	$	(36,114	)	$	(32,412	)	$	(12,877	)	$	7,994	$	(23,288	)
Add:
Fixed charges		27,450			48,583			48,153			18,383			4,532			10,257			4,321		2,607
Amortization of capitalized interest		3			10			5			1			—			—			—		—
Less:
Interest capitalized		—			—			—			—			—			—			—		—
Earnings	$	(51,032	)	$	(75,969	)	$	(21,069	)	$	(17,730	)	$	(27,880	)	$	(2,620	)	$	12,315	$	(20,681	)
Fixed Charges:
Interest Expense (including amortization of debt discount and deferred financing costs)	$	24,570		$	46,213		$	46,533		$	17,813		$	4,322		$	9,807		$	4,202	$	2,470
Interest capitalized		—			—			—			—			—			—			—		—
Estimated interest expense within rent expense		2,880			2,370			1,620			570			210			450			119		137
Total Fixed Charges	$	27,450		$	48,583		$	48,153		$	18,383		$	4,532		$	10,257		$	4,321	$	2,607
Ratio of earnings to fixed charges		(1.86	)		(1.56	)		(0.44	)		(0.96	)		(6.15	)		(0.26	)		2.85		(7.93	)
Amount of deficiency in earnings to cover fixed charges for 1:1 ratio	$	78,482		$	124,552		$	69,222		$	36,113		$	32,412		$	12,877		$	—	$	23,288