Exhibit 21

SUBSIDIARIES OF THE REGISTRANT

 

Subsidiary

  

State of Incorporation

   Ownership  

Magellan Petroleum Australia Limited

  

Queensland, Australia

   100

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 (U.K.) Limited

  

United Kingdom

   100

Magellan Petroleum (Eastern) Pty. Ltd.

  

Queensland, Australia

   100

Magellan Petroleum (Southern) Pty. Ltd.

  

Queensland, Australia

   100

Magellan Petroleum (N.Z.) Limited

  

New Zealand

   100

United Oil & Gas Co. (N.T.) Pty. Ltd

  

Queensland, Australia

   100

Magellan Petroleum (Qld.) Pty. Ltd.

  

Queensland, Australia

   80

Magellan Petroleum (Ventures) Pty. Ltd.

  

Queensland, Australia

   100

Jarl Pty. Ltd.

  

Queensland, Australia

   100