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                      SECURITIES AND EXCHANGE COMMISSION
                             Washington, DC 20549

                                   FORM 11-K

                Annual Report Pursuant to Section 15(d) of the
                        Securities Exchange Act of 1934

(Mark One)

[X]   Annual report pursuant to Section 15(d) of the Securities Exchange Act of
      1934 (Fee required)

      For the fiscal year ended September 30, 1993

                                      Or

[ ]   Transition report pursuant to Section 15(d) of the Securities Exchange
      Act of 1934 (No fee required)

      For the transition period from            to          
                                     -----------   -----------


      Commission file number: 1-4219

      A. Full title of the Plan and the address of the plan, if different
      from that of the issuer named below: ZAPATA HAYNIE CORPORATION PROFIT
      SHARING/SAVINGS PLAN

      B. Name of issuer of the securities held pursuant to the plan and the
      address of its principal executive office: ZAPATA CORPORATION, ONE
      RIVERWAY, SUITE 2200, 777 SOUTH POST OAK LANE, HOUSTON, TEXAS 77056