<PAGE> 1
PROSPECTUS SUPPLEMENT TO Filed Pursuant to Rule 424(b)(3)
PROSPECTUS DATED JANUARY 21, 1998 SEC File No. 333-43823
2,400,000 TRUST CONVERTIBLE PREFERRED SECURITIES
LOMAK FINANCING TRUST
5 3/4% TRUST CONVERTIBLE PREFERRED SECURITIES
(Liquidation Amount $50 Per Convertible Preferred Security)
Guaranteed to the Extent Set Forth Herein by
Range Resources Corporation
and
RANGE RESOURCES CORPORATION
5,660,484 SHARES OF COMMON STOCK
=============================================================
The Date of this Prospectus Supplement is August 31, 1998
=============================================================
The following information supplements the Prospectus dated January 21,
1998 relating to the offering of up to 2,400,000 5 3/4% Trust Convertible
Preferred Securities (the "Convertible Preferred Securities") of Lomak Financing
Trust, a statutory business trust formed under the laws of the state of
Delaware, and 5,660,484 shares of Common Stock, $.01 par value per share (the
"Common Stock"), of Range Resources Corporation, a Delaware corporation, from
time to time by certain holders of Common Stock and/or Convertible Preferred
Securities (the "Selling Securityholders").
The Prospectus is supplemented with the following information to be
added under the heading "Selling Securityholders":
<TABLE>
<CAPTION>
Common Stock (1) Convertible Preferred Securities
------------------------------------ ----------------------------------
Number of Number of Number
Shares Number of Percent of Shares of Percent o
Beneficially Shares Class After Beneficially Shares Class After
SELLING SECURITYHOLDER Owned Offered Offering Owned Offered Offering
---------------------- ----- ------- -------- ----- ------- ---------
<S> <C> <C> <C> <C> <C> <C>
Kornitzer Capital Management
Old United Life Insurance Company
8500 Shawnee Mission Parkway
Merrian, Kansas 66202 8,510 8,510 - 4,000 4,000 -
Diversified Investment Advisers
Collective Trust
Carillon Parkway
St. Petersburg, Florida 33733 851 851 - 400 400 -
Jackson National Life
880 Carillon Parkway
St. Petersburg, Florida 33733 1,702 1,702 - 800 800 -
Security Insurance Company of
Hartford
c/o Orion Capital
600 Fifth Avenue
New York, New York 10020
21,276 21,276 - 10,000 10,000 -
</TABLE>
<PAGE> 2
<TABLE>
<CAPTION>
Common Stock (1) Convertible Preferred Securities
------------------------------------ -----------------------------------
Number of Number of Number
Shares Number of Percent of Shares of Percent of
Beneficially Shares Class After Beneficially Shares Class After
SELLING SECURITYHOLDER Owned Offered Offering Owned Offered Offering
---------------------- ----- ------- -------- ----- ------- ----------
<S> <C> <C> <C> <C> <C> <C>
Chase Manhattan as Trustee for IBM
Retirement Plan dated December 18, 1945
One Bridge Plaza
Fort Lee, New Jersey 07024
65,531 65,531 - 30,800 30,800 -
Bankers Trust Trustee for Chrysler
Corporation Employee #1 Pension Plan
dated April 1, 1989
One Bridge Plaza
Fort Lee, New Jersey 07024 38,510 38,510 - 18,100 18,100 -
State Street Bank
Custodian For GE Pension Trust
One Bridge Plaza
Fort Lee, New Jersey 07024 20,638 20,638 - 9,700 9,700 -
Franklin and Marshall College
One Bridge Plaza
Fort Lee, New Jersey 07024 2,978 2,978 - 1,400 1,400 -
Key Asset Management Incorporated
As Agent for Victory Convertible
Securities Fund
127 Public Square
Cleveland, Ohio 44114 42,553 42,553 - 20,000 20,000 -
Alpine Partners L.P.
120 Broadway, Suite 913
New York, New York 10271 23,404 23,404 - 11,000 11,000 -
Medallion Program
c/o Alpine Associates
120 Broadway Suite 913
New York, New York 10271 331,702 331,702 - 155,900 155,900 -
Bridgerope & Co.
Merrill Lynch World Income Fund
800 Scudders Mill Road 21,276 21,276 - 10,000 10,000 -
Plainsboro, New Jersey 08536
Tennessee Consolidated Retirement
System
500 Deadrick Street, Suite 1160
Nashville, Tennessee 37243
63,829 63,829 - 30,000 30,000 -
</TABLE>
<PAGE> 3
<TABLE>
<CAPTION>
Common Stock (1) Convertible Preferred Securities
------------------------------------ -----------------------------------
Number of Number of Number
Shares Number of Percent of Shares of Percent of
Beneficially Shares Class After Beneficially Shares Class After
SELLING SECURITYHOLDER Owned Offered Offering Owned Offered Offering
- ---------------------------------------- ------- ------- ------- ------- ------- -------
<S> <C> <C> <C> <C> <C> <C>
Merrill Lynch Convertible Securities
Portfolio
800 Scudders Mill Road
Plainsboro, New Jersey 08536 6,382 6,382 - 3,000 3,000 -
Merrill Lynch Convertible Fund
800 Scudders Mill Road
Plainsboro, New Jersey 08536 57,446 57,446 - 27,000 27,000 -
The Northwestern Mutual Life
720 East Wisconsin Avenue
Milwaukee, Wisconsin 53202 106,382 106,382 - 50,000 50,000 -
Delaware State Employees Retirement
Fund
c/o Pecks Management Partners, Ltd.
One Rockefeller Plaza
Suite 900
New York, New York 10020
51,829 51,829 - 24,360 24,360 -
ICI American Holdings Inc.
c/o Pecks Management Partners, Ltd.
One Rockefeller Plaza
Suite 900
New York, New York 10020 15,787 15,787 - 7,420 7,420 -
Zeneca Holdings Inc.
c/o Pecks Management Partners, Ltd.
One Rockefeller Plaza
Suite 900
New York, New York 10020 10,946 10,946 - 5,145 5,145 -
Christian Science Trustees for Gifts
and Endowments
c/o Pecks Management Partners, Ltd.
One Rockefeller Plaza
Suite 900
New York, New York 10020 3,776 3,776 - 1,775 1,775 -
General Motors Employees Domestic
Group Trust
c/o Pecks Management Partners, Ltd.
One Rockefeller Plaza
Suite 900
New York, New York 10020 181,989 181,989 - 85,535 85,535 -
</TABLE>
<PAGE> 4
<TABLE>
<CAPTION>
Common Stock (1) Convertible Preferred Securities
------------------------------------ -----------------------------------
Number of Number of Number
Shares Number of Percent of Shares of Percent of
Beneficially Shares Class After Beneficially Shares Class After
SELLING SECURITYHOLDER Owned Offered Offering Owned Offered Offering
- ---------------------------------------- ------- ------- ------- ------- ------- -------
<S> <C> <C> <C> <C> <C> <C>
Thermo Electron Balanced Investment
Fund
c/o Pecks Management Partners, Ltd.
One Rockefeller Plaza
Suite 900
New York, New York 10020
14,095 14,095 - 6,625 6,625 -
Summer Hill Global Partners L.P.
c/o Pecks Management Partners, Ltd.
One Rockefeller Plaza
Suite 900
New York, New York 10020 1,106 1,106 - 520 520 -
Hillside Capital Incorporated
Corporate Account
c/o Pecks Management Partners, Ltd.
One Rockefeller Plaza
Suite 900
New York, New York 10020 4,659 4,659 - 2,190 2,190 -
First Church of Christ, Scientist
Endowment
c/o Pecks Management Partners, Ltd.
One Rockefeller Plaza
Suite 900
New York, New York 10020 3,957 3,957 - 1,860 1,860 -
Putnam Convertible Income-Growth
Trust
c/o Putnam Investment Management,
Incorporated
One Post Office Square
Boston, Massachusetts 02109 163,830 163,830 - 77,000 77,000 -
Putnam High Income Convertible
and Bond Fund
c/o Putnam Investment Management,
Incorporated
One Post Office Square
Boston, Massachusetts 02109 12,553 12,553 - 5,900 5,900 -
Phoenix Convertible Fund
Phoenix Investment Partners
56 Prospect Street
Hartford, Connecticut 06115 106,383 106,383 - 50,000 50,000 -
</TABLE>
<PAGE> 5
<TABLE>
<CAPTION>
Common Stock (1) Convertible Preferred Securities
------------------------------------ -----------------------------------
Number of Number of Number
Shares Number of Percent of Shares of Percent of
Beneficially Shares Class After Beneficially Shares Class After
SELLING SECURITYHOLDER Owned Offered Offering Owned Offered Offering
- ---------------------------------------- ------- ------- ------- ------- ------- -------
<S> <C> <C> <C> <C> <C> <C>
Associated Electric & Gas Insurance
Service Limited
c/o Calamos Asset Management, Inc.
1111 E. Warrenville Road
Naperville, Illinois 60563 10,638 10,638 - 5,000 5,000 -
<FN>
- --------------
(1) Issuable upon conversion of the 5 3/4% Convertible Preferred Securities.
</FN>
</TABLE>
