Exhibit 12.1

Parker Drilling Company

Computation of Ratio of Earnings to Fixed Charges

	Three Months Ended March 31, 2014			Fiscal Year Ended December 31,
				2013			2012			2011			2010			2009
Pretax Income		21,171,537			52,623,933			71,191,709			(65,217,811	)		11,751,804			9,826,774
Fixed Charges		12,273,470			50,195,954			43,782,341			41,864,658			40,294,016			35,426,257
Amortization of Capitalized Interest		1,012,421			4,058,459			1,886,832			1,556,952			1,819,086			1,974,592
Capitalized Interest		(234,775	)		(2,375,946	)		(10,240,245	)		(19,271,105	)		(13,488,684	)		(5,975,973	)
Earnings Before Income Tax & Fixed Charges		(8,120,420	)		104,502,399			106,620,637			(41,067,307	)		40,376,222			41,251,650
Interest Expense		12,038,695			47,820,008			33,542,096			22,593,553			26,805,332			29,450,284
Capitalized Interest		234,775			2,375,946			10,240,245			19,271,105			13,488,684			5,975,973
Total Fixed Charges		12,273,470			50,195,954			43,782,341			41,864,658			40,294,016			35,426,257
Ratio of Earnings to Fixed Charges		(1	)		2.1	x		2.4	x		(2	)		1.0	x		1.2	x

(1) For the quarter ended March 31, 2014, earnings were deficient to cover fixed charges by $8.1 million, which was primarily due to a $29.7 million pre-tax charge to debt extinguishment costs related to the tender offer for the 9.125% Notes in January 2014.

(2) 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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