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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549



                                    FORM 8-K


                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(D) OF THE
                        SECURITIES EXCHANGE ACT OF 1934



DATE OF REPORT:  MARCH 31, 1995


                               ZAPATA CORPORATION
             (Exact name of registrant as specified in its charter)



          DELAWARE                      1-4219              C-74-1339132
(State or other jurisdiction     (Commission File No.)    (I.R.S. Employee
     of incorporation)                                    Identification No.)


                P.O. BOX 4240
                HOUSTON, TEXAS                      77210-4240
   (Address of principal executive offices)         (Zip Code)


                                (713) 940-6100
             (Registrant's telephone number, including area code)


                                NOT APPLICABLE
         (Former name or former address, if changed since last report)