Exhibit 12.2 - COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGE CONTINENTAL RESOURCES, INC. 1997 1998 1999 2000 2001 ---- ---- ---- ---- ---- EARNINGS (1) 17,256 (17,980) 3,920 37,780 11,667 FIXED CHARGES (2) 4,804 12,704 16,990 16,513 15,674 TOTAL EARNINGS & FIXED CHARGES 22,060 (5,276) 20,910 54,293 27,341 RATIO 4.6 N/A 1.2 3.3 1.7 Earnings insufficient to cover fixed charges by N/A 17,980 N/A N/A N/A <FN> (1) "Earnings" represents income (loss) before provision for federal and state income taxes or income tax benefits. "Fixed charges" consist of interest expense and amortization of costs incurred in connection with the Offering. (2) For purposes of computing the Ratio of Earnings to Fixed Charges, interest expense includes interest on the Senior Subordinated Notes together with amortization of the underwriting discounts and expenses of the Offering; for the period ended December 31, 1999, 2000 and 2001, amortization expense was $456,000, $728,000 and $533,000, respectively. </FN>