Exhibit 12.2

GOODRICH PETROLEUM CORPORATION

RATIO OF EARNINGS TO FIXED CHARGES AND PREFERENCE SECURITIES DIVIDENDS

(In Thousands, Except Ratios)

	Year ended December 31,
	2005			2004			2003			2002			2001
Earnings:
Income (loss) from continuing operations before income taxes	$	(26,847	)	$	16,071		$	5,742		$	(1,428	)	$	2,947
Plus: fixed charges		3,441			2,084			2,026			1,969			2,254
Preference securities dividends		(1,162	)		(974	)		(975	)		(984	)		(963	)
Earnings available for fixed charges	$	(24,568	)	$	17,181		$	6,793		$	(443	)	$	4,238
Fixed Charges:
Interest expense	$	2,279		$	1,110		$	1,051		$	985		$	1,291
Preference securities dividends		1,162			974			975			984			963
Total fixed charges	$	3,441		$	2,084		$	2,026		$	1,969		$	2,254
Ratio of Earnings to Fixed Charges and
Preference Securities Dividends		(a)			8.24			3.35			(b)			1.88

(a) Earnings for the year ended December 31, 2005 were inadequate to cover fixed charges and preference securities dividends. The coverage deficiency was $28,009 thousand.

(b) Earnings for the year ended December 31, 2002 were inadequate to cover fixed charges and preference securities dividends. The coverage deficiency was $2,412 thousand.