SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
Current Report Pursuant
to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported) February 2, 2000
__________________________________________
XCL LTD.
(Exact Name of Registrant as Specified in Its Charter)
Delaware
(State or other Jurisdiction of Incorporation)
1-10669 51-0305643
(Commission File Number) (I.R.S. Employer
Identification Number)
Petroleum Tower, Suite 400
3639 Ambassador Caffery Parkway
Lafayette, Louisiana 70503
(Address of Principal Executive Offices)
318-989-0449
(Registrant's Telephone Number, Including Area Code)
Item 5. Other Events.
On February 2, 2000, the Company announced that it
would not appeal the American Stock Exchange's ("Exchange")
decision to delist and will consent to the removal of its Common
Stock from the Exchange. This action became necessary because
the Company no longer fully satisfies all the guidelines of the
Exchange for continued listing. The Exchange has advised that
the last day for the Company's listing will be the close of
business on Thursday, February 10, 2000. Concurrently, the
Company's Common Stock will be delisted from the London Stock
Exchange Limited.
Further, the Company announced that it has taken steps to
qualify its Common Stock for trading on the OTC Bulletin Board
("Bulletin Board").
The Company will make an announcement when trading resumes
on the Bulletin Board.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.
XCL LTD.
February 4, 2000 /s/ Lisha C. Falk
_________________________ By:_______________________________
Date Name: Lisha C. Falk
Title: Corporate Secretary
