EX-99.1 8 d48949exv99w1.htm STATEMENT SHOWING COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES exv99w1
 

Exhibit 99.1
ENCORE ACQUISITION COMPANY
RATIOS OF EARNINGS TO FIXED CHARGES
(in thousands, except ratios)
                                 
    Three months ended June 30,     Six months ended June 30,  
    2007     2006     2007     2006  
Pretax earnings (loss)
   $ 23,695     $ 37,304     $ (21,753 )   $ 66,484  
Adjustments:
                                
Add fixed charges:
                                
Interest expense
     27,820       10,718       44,107       22,505  
Rental expense attributable to interest
     506       163       1,766       369  
 
                        
Total fixed charges
     28,326       10,881       45,873       22,874  
 
                        
 
                                
Adjusted earnings
   $ 52,021     $ 48,185     $ 24,120     $ 89,358  
 
                        
 
                                
Ratio of earnings to fixed charges
     1.8       4.4       0.5       3.9  
 
                        
 
(a)   For the six months ended June 30, 2007, earnings as defined were inadequate to cover fixed charges as defined by $21.8 million.