Exhibit 12.1

Penn Virginia GP Holdings, L.P.

Statement of Computation of Ratio of Earnings to Fixed Charges
Calculation

(in thousands, except ratios)



|                                   |  |                          |        |      |   |        |  |      |        |      |   |                                    |  |   |        |  |   |        
|---------------------------------- |  | ------------------------ | ------ | ---- | - | ------ |  | ---- | ------ | ---- | - | ---------------------------------- |  | - | ------ |  | - | -------
|                                   |  |                          |        |      |   |        |  |      |        |      |   | Nine Months EndedSeptember 30,2008
|                                   |  | Years Ended December 31, |       
|                                   |  | 2003                     |        | 2004 |   | 2005   |  | 2006 |        | 2007 |  
|Earnings                           |  |                          |        |      |   |        |  |      |        |      |   |                                    |  |   |        |  |   |        
|Pre-tax income *                   |  | $                        | 10,180 |      | $ | 15,850 |  | $    | 22,038 |      | $ | 33,030                             |  | $ | 28,098 |  | $ | 84,916 
|Fixed charges                      |  |                          | 5,048  |      |   | 7,328  |  |      | 14,351 |      |   | 19,783                             |  |   | 19,766 |  |   | 19,038 
|                                   |  |                          |        |      |   |        |  |      |        |      |   |                                    |  |   |        |  |   |        
|Total earnings                     |  | $                        | 15,228 |      | $ | 23,178 |  | $    | 36,389 |      | $ | 52,813                             |  | $ | 47,864 |  | $ | 103,954
|                                   |  |                          |        |      |   |        |  |      |        |      |   |                                    |  |   |        |  |   |        
|Fixed Charges                      |  |                          |        |      |   |        |  |      |        |      |   |                                    |  |   |        |  |   |        
|Interest expense **                |  | $                        | 4,986  |      | $ | 7,267  |  | $    | 14,053 |      | $ | 19,151                             |  | $ | 18,896 |  | $ | 18,040 
|Rental interest factor             |  |                          | 62     |      |   | 61     |  |      | 298    |      |   | 632                                |  |   | 870    |  |   | 998    
|                                   |  |                          |        |      |   |        |  |      |        |      |   |                                    |  |   |        |  |   |        
|Total fixed charges                |  | $                        | 5,048  |      | $ | 7,328  |  | $    | 14,351 |      | $ | 19,783                             |  | $ | 19,766 |  | $ | 19,038 
|                                   |  |                          |        |      |   |        |  |      |        |      |   |                                    |  |   |        |  |   |        
|Ratio of earnings to fixed charges |  |                          | 3.0x   |      |   | 3.2x   |  |      | 2.5x   |      |   | 2.7x                               |  |   | 2.4x   |  |   | 5.5x   



|* | Excludes equity earnings from investees.
|- | ----------------------------------------

|** | Includes capitalized interest.
|-- | ------------------------------