Geodyne Resources S-4/A Registration of securities issued in business combination transactions (amended)

Exhibit 12.1

Computation of Ratios of Earnings to Fixed Charges

(In thousands, except ratios)

	Successor												Predecessor
	Three Months Ended March 31, 2014			Year Ended December 31, 2013			Year Ended December 31, 2012			From inception (November 14, 2011) through December 31, 2011			July 1, 2011 through December 21, 2011			Year Ended June  30, 2011			Year Ended June  30, 2010			Year Ended June  30, 2009
Earnings:
Net income loss from continuing operations before income taxes	$	(1,471	)	$	(1,719,332	)	$	(2,335,947	)	$	(114,036	)	$	(204,151	)	$	322,667		$	606,500		$	(860,352	)
Fixed charges		123,584			342,892			280,732			9,336			42,046			78,946			74,562			55,526
Less: Capitalized interest		(123,263	)		(341,719	)		(279,659	)		(7,718	)		(26,957	)		(55,098	)		(35,731	)		(28,445	)
Total		(1,150	)		(1,718,159	)		(2,334,874	)		(112,418	)		(189,062	)		346,515			645,331			(833,271	)
Fixed charges:
Interest expense		123,263			341,719			279,659			9,336			41,485			78,610			74,291			55,348
Interest component of rental expense		321			1,173			1,073			—			561			336			271			178
Total		123,584			342,892			280,732			9,336			42,046			78,946			74,562			55,526
Ratio of earnings to fixed charges (1)		N/A			N/A			N/A			N/A			N/A			4.4			8.7			N/A

(1) Earnings for the three months ended March 31, 2014, years ended December 31, 2013 and 2012, the period from inception (November 14, 2011) through December 31, 2011, the period from July 1, 2011 through December 21, 2011 and the year ended June 30, 2009 were insufficient to cover fixed charges by $124.7 million, $2.1 billion, $2.6 billion, $121.8 million, $231.1 million and $888.8 million, respectively.