EX-99.1 6 d51230exv99w1.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 September 30,     Nine months ended September 30,  
    2007     2006     2007     2006  
 
Pretax earnings (loss)
   $ 17,983     $ 67,204     $ (3,770 )   $ 133,688  
Adjustments:
                                
Add fixed charges:
                                
Interest expense
     23,933       11,261       68,040       33,766  
Rental expense attributable to interest
     390       161       2,156       558  
 
                        
Total fixed charges
     24,323       11,422       70,196       34,324  
 
                        
 
                                
Adjusted earnings
   $ 42,306     $ 78,626     $ 66,426     $ 168,012  
 
                        
 
                                
Ratio of earnings to fixed charges (a)
     1.7       6.9       0.9       4.9  
 
                        
 
(a)   For the nine months ended September 30, 2007, earnings as defined were inadequate to cover fixed charges as defined by $3.8 million.