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, |        | SixMonths EndedJune 30
|                                   |  | 2005                    |        | 2006                   |   | 2007   |  | 2008 |        | 2009 |   | 2010   
|Earnings                           |  |                         |        |                        |   |        |  |      |        |      |   |         |  |   |        |  |   |       
|Pre-tax income *                   |  | $                       | 22,038 |                        | $ | 33,030 |  | $    | 28,098 |      | $ | 101,701 |  | $ | 60,148 |  | $ | 38,179
|Fixed charges                      |  |                         | 14,351 |                        |   | 19,783 |  |      | 19,766 |      |   | 26,850  |  |   | 27,368 |  |   | 16,158
|                                   |  |                         |        |                        |   |        |  |      |        |      |   |         |  |   |        |  |   |       
|Total earnings                     |  | $                       | 36,389 |                        | $ | 52,813 |  | $    | 47,864 |      | $ | 128,551 |  | $ | 87,516 |  | $ | 54,337
|                                   |  |                         |        |                        |   |        |  |      |        |      |   |         |  |   |        |  |   |       
|Fixed Charges                      |  |                         |        |                        |   |        |  |      |        |      |   |         |  |   |        |  |   |       
|Interest expense                   |  | $                       | 14,053 |                        | $ | 19,151 |  | $    | 18,896 |      | $ | 25,346  |  | $ | 24,878 |  | $ | 14,730
|Rental interest factor             |  |                         | 298    |                        |   | 632    |  |      | 870    |      |   | 1,504   |  |   | 2,490  |  |   | 1,428 
|                                   |  |                         |        |                        |   |        |  |      |        |      |   |         |  |   |        |  |   |       
|Total fixed charges                |  | $                       | 14,351 |                        | $ | 19,783 |  | $    | 19,766 |      | $ | 26,850  |  | $ | 27,368 |  | $ | 16,158
|                                   |  |                         |        |                        |   |        |  |      |        |      |   |         |  |   |        |  |   |       
|Ratio of earnings to fixed charges |  |                         | 2.5x   |                        |   | 2.7x   |  |      | 2.4x   |      |   | 4.8x    |  |   | 3.2x   |  |   | 3.4x  



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