Exhibit 12.1

Parker Drilling Company

Computation of Ratio of Earnings to Fixed Charges

	Nine Months Ended September 30, 2013			Fiscal Year Ended December 31,
				2012			2011			2010			2009			2008
Pretax Income		35,684,184			71,191,709			(65,217,811	)		11,751,804			9,826,774			29,670,000
Fixed Charges		35,606,185			43,782,341			41,864,658			40,294,016			35,426,257			34,353,024
Amortization of Capitalized Interest		2,444,112			1,886,832			1,556,952			1,819,086			1,974,592			1,711,599
Capitalized Interest		(1,732,284	)		(10,240,245	)		(19,271,105	)		(13,488,684	)		(5,975,973	)		(5,087,024	)
Earnings Before Income Tax & Fixed Charges		72,002,197			106,620,637			(41,067,307	)		40,376,222			41,251,650			60,647,599
Interest Expense		33,873,901			33,542,096			22,593,553			26,805,332			29,450,284			29,266,000
Capitalized Interest		1,732,284			10,240,245			19,271,105			13,488,684			5,975,973			5,087,024
Total Fixed Charges		35,606,185			43,782,341			41,864,658			40,294,016			35,426,257			34,353,024
Ratio of Earnings to Fixed Charges		2.0	x		2.4	x		(1	)		1.0	x		1.2	x		1.8	x

(1) For the year ended December 31, 2011, earnings were deficient to cover fixed charges by $41.1 million, which was primarily due to a pre-tax, non-cash charge to earnings of $170.0 million related to the impairment of our two Alaska rigs.

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