Exhibit 8.1

The following table sets forth a list of our subsidiaries.

Name of Subsidiary	Jurisdiction of Incorporation
Adira Energy Holding Corp.1	Ontario, Canada
Adira Energy Israel Ltd.2	Israel

Notes:

1.	Adira Energy Holding Corp. is a wholly-owned direct subsidiary of the Registrant.
2.	These companies are second-tier wholly-owned indirect subsidiaries of the Registrant, which are held through Adira Energy Holding Corp.