Atlas Resource Finance S-4 Registration of securities issued in business combination transactions

EXHIBIT 12.1

Statement of Computation of Ratio of Earnings to Fixed Charges

Atlas Resource Partners, L.P.

(UNAUDITED)

(amounts in thousands except ratios)

	Three Months Ended March 31, 2013			Year Ended December 31,
				2012			2011			2010			2009			2008
Earnings:
Income (loss) from continuing operations before income tax expense	$	(5,377	)	$	(51,902	)	$	19,899		$	9,281		$	(54,329	)	$	131,687
Fixed charges		11,387			7,882			632			472			469			323
Income from equity investee		—			—			—			—			—			—
Interest capitalized		(3,447	)		(2,338	)		—			—			—			—
Amortization of previously capitalized interest		91			223			—			—			—			—
Total		2,654			(46,135	)		20,531			9,753			(53,860	)		132,010
Fixed Charges:
Interest cost, excluding addback of capitalized interest, and debt expense		6,889			4,195			—			—			—			—
Interest capitalized		3,447			2,338			—			—			—			—
Interest allocable to rental expense (1)		1,051			1,349			632			472			469			323
Total Fixed Charges		11,387			7,882			632			472			469			323
Preferred dividends		1,957			3,493			—			—			—			—
Total Fixed Charges and Preferred Dividends	$	13,344.00		$	11,375.00		$	631.95		$	471.57		$	468.93		$	323.40
Ratio of Earnings to Fixed Charges		0.23			(2	)		32.49			20.68			(4	)		408.20
Ratio of Earnings to Fixed Charges and Preferred Dividends		0.20			(2	)		(3	)		(3	)		(3	)		(3	)

(1) Represents one-third of the total operating lease rental expense which is that portion deemed to be interest.

(2) Our earning were insufficient to cover our fixed charges by $54.0 million for this period.

(3) We did not have any preferred securities outstanding as of these periods.

(4) Our earnings were insufficient to cover our fixed charges by $54.3 million for this period.