Exhibit 12.1

Penn Virginia GP Holdings, L.P.

Statement of Computation of Ratio of Earnings to Fixed Charges
Calculation

(in thousands, except ratios)



|                                   |  |                         |        |   |                                 |   |        |      |  |   |        |   |  |      |        |   |  |   |         |   |  |   |        |  
|---------------------------------- |  | ----------------------- | ------ | - | ------------------------------- | - | ------ | ---- |  | - | ------ | - |  | ---- | ------ | - |  | - | ------- | - |  | - | ------ | -
|                                   |  | Year Ended December 31, |        |   | Three MonthsEnded March 31,2009 |  
|                                   |  | 2004                    |        |   | 2005                            |   |        | 2006 |  |   | 2007   |   |  | 2008 |        |  
|Earnings                           |  |                         |        |   |                                 |   |        |      |  |   |        |   |  |      |        |   |  |   |         |   |  |   |        |  
|Pre-tax income *                   |  | $                       | 15,850 |   |                                 | $ | 22,038 |      |  | $ | 33,030 |   |  | $    | 28,098 |   |  | $ | 101,701 |   |  | $ | 7,306  |  
|Fixed charges                      |  |                         | 7,328  |   |                                 |   | 14,351 |      |  |   | 19,783 |   |  |      | 19,766 |   |  |   | 26,850  |   |  |   | 6,191  |  
|                                   |  |                         |        |   |                                 |   |        |      |  |   |        |   |  |      |        |   |  |   |         |   |  |   |        |  
|Total earnings                     |  | $                       | 23,178 |   |                                 | $ | 36,389 |      |  | $ | 52,813 |   |  | $    | 47,864 |   |  | $ | 128,551 |   |  | $ | 13,497 |  
|                                   |  |                         |        |   |                                 |   |        |      |  |   |        |   |  |      |        |   |  |   |         |   |  |   |        |  
|                                   |  |                         |        |   |                                 |  
|Fixed Charges                      |  |                         |        |   |                                 |   |        |      |  |   |        |   |  |      |        |   |  |   |         |   |  |   |        |  
|Interest expense                   |  | $                       | 7,267  |   |                                 | $ | 14,053 |      |  | $ | 19,151 |   |  | $    | 18,896 |   |  | $ | 25,346  |   |  | $ | 5,638  |  
|Rental interest factor             |  |                         | 61     |   |                                 |   | 298    |      |  |   | 632    |   |  |      | 870    |   |  |   | 1,504   |   |  |   | 553    |  
|                                   |  |                         |        |   |                                 |   |        |      |  |   |        |   |  |      |        |   |  |   |         |   |  |   |        |  
|Total fixed charges                |  | $                       | 7,328  |   |                                 | $ | 14,351 |      |  | $ | 19,783 |   |  | $    | 19,766 |   |  | $ | 26,850  |   |  | $ | 6,191  |  
|                                   |  |                         |        |   |                                 |   |        |      |  |   |        |   |  |      |        |   |  |   |         |   |  |   |        |  
|                                   |  |                         |        |   |                                 |  
|Ratio of earnings to fixed charges |  |                         | 3.2    | x |                                 |   | 2.5    | x    |  |   | 2.7    | x |  |      | 2.4    | x |  |   | 4.8     | x |  |   | 2.2    | x



|* | Includes cash distributions from equity affiliates and excludes equity earnings from affiliates. Also excludes capitalized interest.
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