Exhibit 12.2

Endeavour International Corporation

Computation of Ratios of Earnings to Fixed Charges

and Preference Securities Dividends

(Amounts in thousands)

	Year Ended December 31,
	2011			2010			2009
Earnings:
Income (Loss) before Taxes	$	(103,934	)	$	55,743		$	(94,687	)
Add: Fixed charges		61,980			40,744			40,908
Less: Capitalized interest		(14,711	)		(3,925	)		(3,067	)
Earnings	$	(27,243	)	$	100,412		$	(50,712	)
Fixed Charges:
Interest expense	$	45,295		$	34,592		$	16,630
Preferred dividends		1,974			2,227			21,211
Capitalized interest		14,711			3,925			3,067
Total fixed charges	$	61,980		$	40,744		$	40,908
Ratio of earnings to fixed charges		—			2.5			—

For purposes of this computation, earnings are defined as pretax earnings from continuing operations before adjustment for minority interest and equity losses in entities with oil and gas properties, plus interest expense, and amortization of debt discount and expense related to indebtedness. Fixed charges are interest expense, including amortization of debt discount and expenses on indebtedness.

Earnings were insufficient to cover fixed charges by $89.2 million and $91.6 million for the year ended December 31, 2011 and 2009.