Exhibit 12.1
LRR Energy, L.P.
Ratio of Earnings to Fixed Charges
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| LRR Energy, L.P. |
| Predecessor |
| ||||||||||
|
| Nine Months |
| Period from |
| Period from |
| Year Ended |
| Year Ended |
| Year Ended |
| Year Ended |
|
|
| September 30, 2012 |
| December 31, 2011 |
| November 15, 2011 |
| December 31, 2010 |
| December 31, 2009 |
| December 31, 2008 |
| December 31, 2007 |
|
Pre-tax income (loss) from continuing operations before adjustment for income or loss from equity investees |
| 2,931 |
| 13,064 |
| 35,628 |
| 22,366 |
| (6,718 | ) | 46,782 |
| (13,001 | ) |
Plus: Fixed charges |
| 4,541 |
| 604 |
| 919 |
| 3,223 |
| 1,274 |
| 2,131 |
| 792 |
|
|
| 7,472 |
| 13,668 |
| 36,547 |
| 25,589 |
| (5,444 | ) | 48,913 |
| (12,209 | ) |
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Ratio of Earnings to Fixed Charges |
| 1.6x |
| 22.6x |
| 39.8x |
| 7.9x |
|
| (a) | 23.0x |
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| (b) |
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Fixed charges |
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Sum of: |
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Interest expensed and capitalized (does not include gains/losses from derivatives) |
| 4,278 |
| 554 |
| 860 |
| 3,085 |
| 1,157 |
| 2,081 |
| 755 |
|
Amortized premiums, discounts and capitalized expenses related to indebtedness |
| 263 |
| 50 |
| 59 |
| 138 |
| 117 |
| 50 |
| 37 |
|
|
| 4,541 |
| 604 |
| 919 |
| 3,223 |
| 1,274 |
| 2,131 |
| 792 |
|
(a) During the period noted, our coverage ratio was less than 1:1. Our predecessor would have needed to generate additional earnings of approximately $6.7 million during the year ended December 31, 2009 to achieve a coverage ratio of 1:1.
(b) During the period noted, our coverage ratio was less than 1:1. Our predecessor would have needed to generate additional earnings of approximately $13.0 million during the year ended December 31, 2009 to achieve a coverage ratio of 1:1.
