Exhibit 12.2

GOODRICH PETROLEUM CORPORATION

RATIO OF EARNINGS TO FIXED CHARGES AND PREFERENCE SECURITIES DIVIDENDS

(In Thousands, Except Ratios)

	Year ended December 31,
	2007			2006			2005			2004			2003
Earnings:
Income (loss) from continuing operations before income taxes	$	(53,468	)	$	14,419		$	(37,554	)	$	(3,606	)	$	(7,768	)
Plus: fixed charges		21,173			17,100			3,521			2,084			2,026
Preference securities dividends		(9,303	)		(9,255	)		(1,162	)		(974	)		(975	)
Earnings available for fixed charges	$	(41,598	)	$	22,264		$	(35,195	)	$	(2,496	)	$	(6,717	)
Fixed Charges:
Interest expense	$	11,870		$	7,845		$	2,359		$	1,110		$	1,051
Preference securities dividends		9,303			9,255			1,162			974			975
Total fixed charges	$	21,173		$	17,100		$	3,521		$	2,084		$	2,026
Ratio of Earnings to Fixed Charges and
Preference Securities Dividends		(a	)		1.30			(b	)		(c	)		(d	)

(a) Earnings for the year ended December 31, 2007 were inadequate to cover fixed charges and preference securities dividends. The coverage deficiency was $62,771 thousand.

(b) Earnings for the year ended December 31, 2005 were inadequate to cover fixed charges and preference securities dividends. The coverage deficiency was $38,716 thousand.

(c) Earnings for the year ended December 31, 2004 were inadequate to cover fixed charges and preference securities dividends. The coverage deficiency was $4,580 thousand.

(d) Earnings for the year ended December 31, 2003 were inadequate to cover fixed charges and preference securities dividends. The coverage deficiency was $8,743 thousand.