Exhibit 21.1

                           INTERCOAST ENERGY COMPANY

                              List of Subsidiaries
                              --------------------
 
Name                                                  State of Incorporation
- ----                                                  ----------------------
                                                 
InterCoast Oil and Gas Company                        Delaware
                                                 
         Medallion California Properties Company      Texas
                                                 
Continental Power Exchange, Inc.                      Delaware
                                                 
InterCoast Gas Services Company                       Delaware
                                                 
        InterCoast Gas Services Company               Oklahoma
                                                 
        GED Services, Inc.                            Delaware

        InterCoast Trade & Resources Inc.             Delaware