Joint Filing Agreement, dated as of December 21, 2011



 Exhibit 10.1 
 JOINT FILING AGREEMENT 
 In accordance with Rule 13d-1(k) under the Securities and
Exchange Act of 1934, as amended, the undersigned agree to the joint filing on behalf of each of them of a Statement on Schedule 13D (including any and all amendments thereto) with respect to the common stock, par value $.0001 per share, of RAM
Energy Resources, Inc. and further agree that this Joint Filing Agreement shall be included as an exhibit to such joint filings. 
 The undersigned further agree that each party hereto is responsible for the timely filing of such Statement on Schedule 13D and any amendments thereto, and for the accuracy and completeness of the
information concerning such party contained therein; provided, however, that no party is responsible for the accuracy or completeness of the information concerning any other party, unless such party knows or has a reason to believe that such
information is inaccurate. 
 This Joint Filing Agreement may be signed in counterparts with the same effect as if the signature
on each counterpart were upon the same instrument. 
 IN WITNESS WHEREOF, the undersigned have hereunto set
their hands as of the 21st day of Dcember, 2011.

 Jefferies & Company, Inc. 

By     /s/ Roland T.
Kelly                                        
             
 Name: Roland T. Kelly

 Title: Associate General Counsel and Managing Director 

Jefferies Group, Inc. 
 By     /s/ Roland T.
Kelly                                        
              
 Name: Roland T. Kelly

 Title: Assistant Secretary 

Jefferies High Yield Trading, LLC 

By     /s/ Paul J.
Loomis                                        
              
 Name: Paul J. Loomis

 Title: Managing Director/Authorized Signatory 

Jefferies High Yield Trading, LLC 

By     /s/ Paul J.
Loomis                                        
              
 Name: Paul J. Loomis

 Title: Managing Director 

    /s/ Larry E.
Lee                                         
            
 Larry E. Lee 

Larry E. Lee Revocable Trust. 

By     /s/ Larry E.
Lee                                         
             

                    
Larry E. Lee, Trustee 







 Lee 2006 Family Trust 

By     /s/ M. Keith
McKinney                                        
              

                    
M. Keith McKinney, Trustee 
 Danish Knights, A Limited Partnership 

By: Dannebrog Corporation, General Partner 

By     /s/ Britani Talley
Bowman                                        
      

                    
Britani Talley Bowman, President 
 Dannebrog Corporation 

By     /s/ Britani Talley
Bowman                                        
      

                    
Britani Talley Bowman, President 
     /s/ Britani Talley
Bowman                                        
             
 Britani Talley Bowman

     /s/ Lawrence S.
Coben                                        
             
 Lawrence S. Coben 

    /s/ John M.
Reardon                                        
             
 John M. Reardon 

The Reardon Trust Dated 12/10/2001 

By     /s/ John M.
Reardon                                        
              

                    
John M. Reardon, Trustee 
     /s/ Sean P.
Lane                                         
            
 Sean P. Lane 

    /s/ Gerald R.
Marshall                                        
             
 Gerald R. Marshall