content: 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
metadata_documents: [{"type": "8-K", "sequence": "1", "secsgml_size_bytes": 2477}]
metadata_filer: {"company-data": {"conformed-name": "XCL LTD", "cik": "0000720676", "assigned-sic": "1311", "irs-number": "510305643", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-10669", "film-number": "523472"}, "business-address": {"street1": "PETROLEUM TWR STE 400", "street2": "3639 AMBASSADOR CAFFERY PARKWAY", "city": "LAFAYETTE", "state": "LA", "zip": "70503", "phone": "3189890449"}, "mail-address": {"street1": "PETROLEUM TOWER, SUITE 400", "street2": "3639 AMBASSADOR CAFFERY PARKWAY", "city": "LAFAYETTE", "state": "LA", "zip": "70503"}, "former-company": [{"former-conformed-name": "EXPLORATION CO OF LOUISIANA INC", "date-changed": "19920703"}, {"former-conformed-name": "EXPLORATION COMPANY OF LOUISIANA INC", "date-changed": "19920128"}]}
text: 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