Exhibit 12.1

Penn Virginia GP Holdings, L.P.

Statement of Computation of Ratio of Earnings to Fixed Charges
Calculation

(in thousands, except ratios)



|                                   |      |                          |        |      |                                 |   |        |   |  |      |        |   |      |   |        |   |  |   |        |   |  |   |        |  
|---------------------------------- | ---- | ------------------------ | ------ | ---- | ------------------------------- | - | ------ | - |  | ---- | ------ | - | ---- | - | ------ | - |  | - | ------ | - |  | - | ------ | -
|                                   |      | Years Ended December 31, |        |      | Three months endedMarch 31,2008 |  
|                                   | 2003 |                          |        | 2004 |                                 |   | 2005   |   |  | 2006 |        |   | 2007 |   |       
|Earnings                           |      |                          |        |      |                                 |   |        |   |  |      |        |   |      |   |        |   |  |   |        |   |  |   |        |  
|Pre-tax income *                   |      | $                        | 10,180 |      |                                 | $ | 15,850 |   |  | $    | 22,038 |   |      | $ | 33,030 |   |  | $ | 28,098 |   |  | $ | 15,953 |  
|Fixed charges                      |      |                          | 5,048  |      |                                 |   | 7,328  |   |  |      | 14,351 |   |      |   | 19,783 |   |  |   | 19,766 |   |  |   | 5,713  |  
|                                   |      |                          |        |      |                                 |   |        |   |  |      |        |   |      |   |        |   |  |   |        |   |  |   |        |  
|Total earnings                     |      | $                        | 15,228 |      |                                 | $ | 23,178 |   |  | $    | 36,389 |   |      | $ | 52,813 |   |  | $ | 47,864 |   |  | $ | 21,666 |  
|                                   |      |                          |        |      |                                 |   |        |   |  |      |        |   |      |   |        |   |  |   |        |   |  |   |        |  
|                                   |      |                          |        |      |                                 |  
|Fixed Charges                      |      |                          |        |      |                                 |   |        |   |  |      |        |   |      |   |        |   |  |   |        |   |  |   |        |  
|Interest expense **                |      | $                        | 4,986  |      |                                 | $ | 7,267  |   |  | $    | 14,053 |   |      | $ | 19,151 |   |  | $ | 18,896 |   |  |   | 5,421  |  
|Rental interest factor             |      |                          | 62     |      |                                 |   | 61     |   |  |      | 298    |   |      |   | 632    |   |  |   | 870    |   |  |   | 292    |  
|                                   |      |                          |        |      |                                 |   |        |   |  |      |        |   |      |   |        |   |  |   |        |   |  |   |        |  
|Total fixed charges                |      | $                        | 5,048  |      |                                 | $ | 7,328  |   |  | $    | 14,351 |   |      | $ | 19,783 |   |  | $ | 19,766 |   |  | $ | 5,713  |  
|                                   |      |                          |        |      |                                 |   |        |   |  |      |        |   |      |   |        |   |  |   |        |   |  |   |        |  
|                                   |      |                          |        |      |                                 |  
|Ratio of earnings to fixed charges |      |                          | 3.0    | x    |                                 |   | 3.2    | x |  |      | 2.5    | x |      |   | 2.7    | x |  |   | 2.4    | x |  |   | 3.8    | x