EXHIBIT 21
SUBSIDIARIES
The Company was incorporated in Texas in 1973. The following is a listing
of significant subsidiaries of the Company as of March 9, 1998:
% Voting
Securities
Jurisdiction of or Beneficial
Incorporation Interest Owned
Name of Subsidiary or Organization by the Company
- ---------------------------------------------------------------------- ------------------------------ ---------------------------
Alaska Pipeline Company Alaska 100%
Global Natural Resources Corporation of Nevada Nevada 100%
Global Natural Resources Inc. New Jersey 100%
Seagull (Cote d'Ivoire) CI-104 Ltd. Cayman Islands 100%
Seagull (Cote d'Ivoire) CI-12 Ltd. Cayman Islands 100%
Seagull (Cote d'Ivoire) Ltd. Cayman Islands 100%
Seagull (Egypt) Darag, Ltd. Cayman Islands 100%
Seagull (Egypt) East Beni Suef, Ltd. Cayman Islands 100%
Seagull (Egypt) Ltd. Cayman Islands 100%
Seagull East Zeit Petroleum Ltd. Cayman Islands 100%
Seagull Energy E&P Inc. Delaware 100%
Seagull Energy International Inc. Delaware 100%
Seagull Field Services Company Texas 100%
Seagull International Holdings Ltd. Cayman Islands 100%
Seagull Marketing Services, Inc. Texas 100%
Seagull Midcon Inc. Delaware 100%
Seagull Mid-South Inc. Delaware 100%
Seagull Pipeline & Marketing Company Delaware 100%
Seagull Pipeline Company Delaware 100%
Seagull Power Services Inc. Delaware 100%
Seagull Products Pipeline Corporation Texas 100%
Seagull South Hurghada Petroleum Ltd. Cayman Islands 100%
Seagull WAG Petroleum Ltd. Cayman Islands 100%
Texneft Inc. Texas 100%