EX-12.1 3 d38458exv12w1.htm STATEMENT SHOWING COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES exv12w1
 

Exhibit 12.1
ENCORE ACQUISITION COMPANY
RATIO OF EARNINGS TO FIXED CHARGES
(in thousands, except ratios)
                                 
    Three months ended June 30,     Six months ended June 30,  
    2006     2005     2006     2005  
Pretax earnings
  $ 37,304     $ 36,038     $ 66,484     $ 69,060  
Adjustments:
                               
Add fixed charges:
                               
Interest expense
    10,718       7,448       22,505       14,407  
Interest capitalized
                       
Rental expense attributable to interest
    163       65       369       182  
 
                       
Total fixed charges
    10,881       7,513       22,874       14,589  
 
                       
Deduct:
                               
Interest capitalized
                       
 
                       
Total deductions
                       
 
                       
 
                               
Adjusted earnings
  $ 48,185     $ 43,551     $ 89,358     $ 83,649  
 
                       
 
                               
Ratio of earnings to fixed charges
    4.4       5.8       3.9       5.7