Exhibit 21.1




                           SUBSIDIARIES OF THE COMPANY

Following consummation of the Transactions (as such term is defined in the
Registration Statement on Form S-1 of which this Exhibit 21.1 is a part) the
Company will have the following subsidiaries:


                 NAME                        JURISDICTION
                 ----                        ------------

      Rutherford-Moran Exploration              Texas
                 Company

            Thai Romo Limited                 Thailand

        Thai Romo Holdings, Inc.              Delaware