Exhibit 21 ---------- Subsidiaries of the Registrant
Subsidiary State of Incorporation Ownership Magellan Petroleum Australia Limited Queensland, Queensland,.Australia 52.44% Magellan Petroleum Australia Limited owns the following subsidiaries directly or indirectly: Magellan Petroleum (N.T.) Pty. Ltd. Queensland, Australia 100% Paroo Petroleum Pty. Ltd. Queensland, Australia 100% Paroo Petroleum (Holdings), Inc. Delaware, U.S.A. 100% Paroo Petroleum (USA), Inc. Delaware, U.S.A. 100% Magellan Petroleum (W.A.) Pty. Ltd. Queensland, Australia 100% Magellan Petroleum (Belize) Limited Belize, C.A. 100% Magellan Petroleum (Eastern) Pty. Ltd. Queensland, Australia 100% Magellan Petroleum (Southern) Pty. Ltd. Queensland, Australia 100% Magellan Petroleum (NZ)Limited New Zealand 100% Magellan Petroleum (Ventures)Pty Ltd. Queensland, Australia 100% Jarl Pty. Ltd Queensland, Australia 100%