Exhibit 12.2
                COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGE
                          CONTINENTAL RESOURCES, INC.

                                             YEAR ENDED DECEMBER 31,
                                   ---------------------------------------------
                                   1996      1997      1998       1999      2000
                                   ----      ----      ----       ----      ----
                                                            
EARNINGS                      21,563    17,256   (17,980)     3,920    37,780

FIXED CHARGES                  4,550     4,804    12,704     16,990    16,513
                                 -------   -------   -------    -------   -------

TOTAL EARNINGS & FIXED CHARGES    26,113    22,060    (5,276)    20,910    54,293

RATIO                                5.7       4.6       N/A        1.2       3.3

Earnings insufficient to cover
  fixed charges by                   N/A       N/A    17,980        N/A       N/A

-------------------------------------------------------------------------------

 "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.

 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, 1998, 1999 and 2000, amortization expense
     was $460,000, $456,000 and $728,000, respectively.