Attached files

file filename
EX-31.1 - EXHIBIT 31.1 - ARETE INDUSTRIES INCarete10k12312007x311_1132011.htm
EX-32.1 - EXHIBIT 32.1 - ARETE INDUSTRIES INCarete10k12312007x321_1132011.htm
EX-32.2 - EXHIBIT 32.2 - ARETE INDUSTRIES INCarete10k12312007x322_1132011.htm
EX-31.2 - EXHIBIT 31.2 - ARETE INDUSTRIES INCarete10k12312007x312_1132011.htm
10-K - ANNUAL REPORT 12-31-2007 - ARETE INDUSTRIES INCarete10k12312007_1132011.htm

EXHIBIT 21
TO
ANNUAL REPORT
ON
FORM 10-K
FISCAL YEAR ENDED DECEMBER 31, 2007



Subsidiaries of the Registrant


     Aggression Sports, Inc.
 Colorado Corporation org. 1998 (Inactive)
   
     Avatar Technology
 
     Group, Inc.
Colorado Corporation org. 2004 (Spun-off September 30, 2006)