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 . . . . . . . . . . . . . . .    April 16, 1998 
                                              ------------------
                 BLACK DOME ENERGY CORPORATION
     ------------------------------------------------------
     (Exact name of Registrant as specified in its charter)
          
     Colorado                    0-9394            84-0808397
- ---------------------------    -----------    -------------------
State or other jurisdiction    Commission     (I.R.S. Employer
of incorporation               File Number    Identification No.)

P.O. Box 4119            Evergreen, Colorado       80437
- --------------------------------------------------------------
(Address of principal executive offices)            (Zip Code)

                         (303) 674-8756
                  ------------------------------
                  Registrant's telephone number,
                       including area code

                             N/A
  -------------------------------------------------------------
  (Former name or former address, if changed since last report)

Item 5.  Other Events.
         ------------
     On April 16, 1998, Black Dome Energy Corporation ("Black Dome" or the
"Company") announced to the National Association of Securities Dealers, Inc. 
that the Company intends to cause a liquidating distribution to be made to 
holders of record of the Company's no par value common stock as of April 30, 
1998 (the "Record Date").  It is currently anticipated that the subject 
distribution will commence on or about May 15, 1998, and that each 
shareholder of record as of the Record Date will be entitled to receive, in 
cash, an amount equal to approximately $11.70 per share.  As a method of 
settlement of fractional interests, each shareholder of record will be 
entitled to receive a proportionate share of the amount of the liquidating 
distribution.  

     The liquidating distribution had been delayed in part because the Company
had been named as a defendant in litigation concerning the Company's guarantee
of certain indebtedness of Dean J. Writer, Jr. to Capitol Federal Savings and
Loan Association.  The Company has entered into an agreement with the plaintiff
which, upon the entry of an appropriate Order by the Court, would settle this
litigation against Black Dome.  Under the terms of the agreement with the
plaintiff, Black Dome is not required to make any monetary payments.  The 
Company expects that an Order for the dismissal of Black Dome from the 
litigation will be entered by the Court in early May, 1998.  The Company is 
currently unaware of any remaining condition which must be satisfied or 
government approval which must be secured to enable payment of the 
liquidating distribution.

     As previously reported, in December, 1997, the Company transferred all of
its assets to Clayton Corporation (a privately-held Nevada corporation 
controlled by Edgar J. Huff, the Company's President and controlling 
shareholder) to hold in a liquidating trust for distribution to the Company's
shareholders.  Although all of the third-party costs associated with the 
distribution of its assets are to be paid by Clayton Corporation as trustee 
from the assets it currently holds in trust for the shareholders of the 
Company, Clayton Corporation is to receive no compensation for its services. 
At the direction of the Company's Board of Directors, all of the trust 
proceeds have been invested in a money market account with Olde Discount 
Corporation for the benefit of the Company's shareholders.  All earnings on 
the account are to be distributed with the trust assets on a pro rata basis 
after the payment of all third-party costs associated with the winding up of 
the Company's affairs and causing the subject distribution to be made.

     As of March 27, 1998 (the date of the most recent account statement), the
money market account at Olde Discount Corporation had a balance of $882,440.  
The estimated amount of remaining third-party costs associated with the 
winding up of the Company's affairs and causing the subject distribution to 
be made is $20,000.  The remaining amount is the amount that (together with 
earnings on the account that accrue after March 27, 1998) is currently 
anticipated to be distributed to shareholders commencing on May 15, 1998 
(after a 1-for-1,001 share reverse stock split which occurred in 1994, the 
Company has currently issued and outstanding 73,755 shares of its common 
stock).  As the Company has transferred all of its assets to be held in trust
for the benefit of its shareholders and therefore no longer has any assets or
transacts any business, it intends to terminate its obligation to file 
reports with the Securities and Exchange Commission before May 15, 1998, 
which is the date on which the Company's next Quarterly Report on Form 10Q 
would otherwise become due.
                               -2-

                            SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this Report to be signed on its behalf
by the undersigned, thereunto duly authorized.

                             BLACK DOME ENERGY CORPORATION
                             Registrant

Date: April 24, 1998         By:/s/ Edgar J. Huff
                                  ----------------------------
                                  Edgar J. Huff, President and
                                  Chief Financial Officer