EX-12 4 cmw2165a.htm RATIO OF EARNINGS TO FIXED CHARGES

Exhibit 12.1

WHITING PETROLEUM CORPORATION AND SUBSIDIARIES
Ratio of Earnings to Fixed Charges
(dollars in thousands)

Three Months
Ended March
Year Ended December 31,
31, 2006
2005
2004
2003
2002
2001
Fixed Charges:                            
Interest Expensed   $ 15,125   $ 35,245   $ 11,800   $ 7,867   $ 10,867   $ 10,233  
Interest Capitalized    --    --    200    --    --    210  
Amortized Premiums, Discounts and Capitalized  
   Expenses Related to Indebtedness    1,848    6,802    4,056    1,310    71    --  
Estimate of Interest Within Rental Expense    102    298    182    209    183    165  






     Total Fixed Charges   $ 17,075   $ 42,345   $ 16,238   $ 9,386   $ 11,121   $ 10,608  







Earnings:
  
Income Before Income Taxes   $ 53,297   $ 196,098   $ 114,005   $ 36,139   $ 11,952   $ 54,337  
Loss (Income) from Equity Investees    43    (409 )  --    --    --    --  
Fixed Charges (above)    17,075    42,345    16,238    9,386    11,121    10,608  
Amortization of Capitalized Interest    10    41    21    21    21    --  
Distributed Income of Equity Investees    146    657    --    --    --    --  
Less:  
   Capitalized Interest    --    --    (200 )  --    --    (210 )






     Total earnings   $ 70,571   $ 238,732   $ 130,064   $ 45,546   $ 23,094   $ 64,735  






Ratio of Earnings to Fixed Charges (unaudited)    4.13    5.64    8.01    4.85    2.08    6.10