Exhibit
12.1





Penn
Virginia Resource GP Holdings, L.P.


Statement
of Computation of Ratio of Earnings to Fixed Charges Calculation


(in
thousands, except ratios)





Year Ended December 31,
                        
                        
                        Nine Months Ended2004
                        
                        
                        2005
                        
                        
                        2006
                        
                        
                        2007
                        
                        
                        2008
                        
                        
                        September 30, 2009EarningsPre-tax
      income *
                        
                        $
                        15,850
                        
                        
                        $
                        22,038
                        
                        
                        $
                        33,030
                        
                        
                        $
                        28,098
                        
                        
                        $
                        101,701
                        
                        
                        $
                        37,005Fixed
      charges
                        
                        
                        7,328
                        
                        
                        
                        14,351
                        
                        
                        
                        19,783
                        
                        
                        
                        19,766
                        
                        
                        
                        26,850
                        
                        
                        
                        20,558Total
      earnings
                        
                        $
                        23,178
                        
                        
                        $
                        36,389
                        
                        
                        $
                        52,813
                        
                        
                        $
                        47,864
                        
                        
                        $
                        128,551
                        
                        
                        $
                        57,563Fixed
      ChargesInterest
      expense
                        
                        $
                        7,267
                        
                        
                        $
                        14,053
                        
                        
                        $
                        19,151
                        
                        
                        $
                        18,896
                        
                        
                        $
                        25,346
                        
                        
                        $
                        18,711Rental
      interest factor
                        
                        
                        61
                        
                        
                        
                        298
                        
                        
                        
                        632
                        
                        
                        
                        870
                        
                        
                        
                        1,504
                        
                        
                        
                        1,847Total
      fixed charges
                        
                        $
                        7,328
                        
                        
                        $
                        14,351
                        
                        
                        $
                        19,783
                        
                        
                        $
                        19,766
                        
                        
                        $
                        26,850
                        
                        
                        $
                        20,558Ratio
      of earnings to fixed charges
                        
                        
                        3.2
                        x
                        
                        
                        2.5
                        x
                        
                        
                        2.7
                        x
                        
                        
                        2.4
                        x
                        
                        
                        4.8
                        x
                        
                        
                        2.8
                        x





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