Exhibit 12.1
ATLAS E&P OPERATIONS
Statement of Computation of Ratio of Earnings to Fixed Charges
(unaudited)
| Year Ended December 31, | ||||||||||||||||||||
| 2011 | 2010 | 2009 | 2008 | 2007 | ||||||||||||||||
Earnings: | ||||||||||||||||||||
Income (loss) from continuing operations before income tax expense | 19,899 | 9,281 | (54,329 | ) | 131,687 | 110,612 | ||||||||||||||
Fixed charges | 632 | 472 | 469 | 323 | 221 | |||||||||||||||
Income from equity investee | — | — | — | — | — | |||||||||||||||
Interest capitalized | — | — | — | — | — | |||||||||||||||
Amortization of previously capitalized interest | — | — | — | — | — | |||||||||||||||
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Total | 20,531 | 9,753 | (53,860 | ) | 132,010 | 110,833 | ||||||||||||||
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Fixed Charges: | ||||||||||||||||||||
Interest cost, excluding addback of capitalized interest, and debt expense | — | — | — | — | — | |||||||||||||||
Interest capitalized | — | — | — | — | — | |||||||||||||||
Interest allocable to rental expense(1) | 632 | 472 | 469 | 323 | 221 | |||||||||||||||
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Total | 632 | 472 | 469 | 323 | 221 | |||||||||||||||
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Ratio of Earnings to Fixed Charges | 32.49 | 20.68 | — | 408.20 | 501.28 | |||||||||||||||
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| (1) | Represents one-third of the total operating lease rental expense. |