Unit (UNTC) 8-K Entry into a Material Definitive Agreement

Exhibit 12

Unit Corporation

Proforma Computation of Ratio of Earnings to Fixed Charges

(dollars in thousands)	Three Months Ended March  31, 2011		Twelve Months Ended December 31, 2010
Income (loss) from continuing operations before income taxes	$	65,607	$	231,731
Interest expense		886		5,440
Amortization of capitalized interest		432		1,623
Earnings as defined	$	66,925	$	238,794
Fixed charges (1):
Interest expense	$	886	$	5,440
Capitalized interest		3,255		11,123
Total fixed charges	$	4,141	$	16,563
Ratio of earnings to fixed charges		16.2x		14.4x

(1) Fixed charges are determined as defined in instructions for Item 503 of Regulation S-K.