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Exhibit 12.1
KEY PRODUCTION COMPANY, INC.
Statement of Computation of Ratios of Earnings to Fixed Charges
Six Months Ended
(In thousands, except ratio amounts) June 30,
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2000 1999
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Earnings:
Pretax income 15,011 2,163
Plus: Fixed charges excluding capitalized interest 1,786 1,312
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16,797 3,475
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Fixed Charges:
Interest expensed including capitalized interest 2,239 1,918
Amortization of debt expenses 179 6
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2,418 1,924
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Ratio of earnings to fixed charges 6.95 1.81
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