<PAGE> 1
PROSPECTUS SUPPLEMENT TO Filed Pursuant to Rule 424(b)(3)
PROSPECTUS DATED APRIL 2, 1997 SEC File No. 333-23955
LOMAK PETROLEUM, INC.
$55,000,000 of
6% Convertible Subordinated Debentures due 2007
and
4,287,249 SHARES OF COMMON STOCK
-----------------------------------------------------
The Date of this Prospectus Supplement is August 31, 1998
-----------------------------------------------------
The following information supplements the Prospectus dated April 2,
1997 relating to the offering of up to $55,000,000 principal amount of the 6%
Convertible Subordinated Debentures due 2007 (the "6% Debentures") of Range
Resources Corporation a Delaware corporation (the "Company"), and 4,287,249
shares of Common Stock, $.01 par value per share (the "Common Stock"), of the
Company from time to time by certain holders of Common Stock and/or 6%
Debentures (the "Selling Securityholders").
The Prospectus is supplemented with the following information to be
added under the heading "Selling Securityholders":
<TABLE>
<CAPTION>
Common Stock 6% Debentures
------------------------------------- --------------------------------------
Principal
Number of Amount of Principal
Shares Number of Percent of Debentures Amount of Percent of
SELLING SECURITYHOLDER Beneficially Shares Class After Beneficially Debentures Class After
---------------------- Owned Offered Offering Owned Offered Offering
----- ------- -------- ----- ------- --------
<S> <C> <C> <C> <C> <C> <C>
Chase Manhattan NA as Trustee for IBM
Retirement Plan dated 12/18/45
One Bride Plaza
Fort Lee, New Jersey 07024 128,831(1) 128,831(1) - $ 2,480,000 $ 2,480,000 -
Merrill Lynch Convertible Fund
800 Scudders Mill Road
Plainsboro, New Jersey 08536 31,169(1) 31,169(1) - 600,000 600,000 -
Merrill Lynch Convertible Securities
Portfolio
800 Scudders Mill Road
Plainsboro, New Jersey 08536 25,794(1) 25,794(1) - 500,000 500,000 -
</TABLE>
<PAGE> 2
<TABLE>
<CAPTION>
Common Stock 6% Debentures
------------------------------------- --------------------------------------
Principal
Number of Amount of Principal
Shares Number of Percent of Debentures Amount of Percent of
SELLING SECURITYHOLDER Beneficially Shares Class After Beneficially Debentures Class After
---------------------- Owned Offered Offering Owned Offered Offering
----- ------- -------- ----- ------- --------
<S> <C> <C> <C> <C> <C> <C>
Bankers Trust Trustee for Chrysler
Corporation Employee #1 Pension Plan
dated 4/1/89
One Bridge Plaza
Fort Lee, New Jersey 07024 78,691(1) 78,691(1) - $ 1,520,000 $ 1,520,000 -
Key Asset Management Inc. as Investment
Manager for the Potlatch-First Trust
Company of St. Paul
127 Public Square, 20th Floor
Cleveland, Ohio 44114 15,584(1) 15,584(1) - 300,000 300,000 -
Key Asset Management Inc., as Investment
Manager for the University of Southern
Florida Fund
127 Public Square, 20th Floor
Cleveland, Ohio 44114 4,155(1) 4,155(1) - 80,000 80,000 -
Key Asset Management Inc., as Agent for
the Key Tr. Convertible Securities Fund
127 Public Square, 20th Floor
Cleveland, Ohio 44114
9,142(1) 9,142(1) - 176,000 176,000 -
Key Asset Management Inc., as Agent for
the EB Convertible Securities Fund
127 Public Square, 20th Floor
Cleveland, Ohio 44114 37,402(1) 37,402(1) - 720,000 720,000 -
Key Asset Management Inc., as Agent for
the GenCorp. Fund
127 Public Square, 20th Floor
Cleveland, Ohio 44114 3,116(1) 3,116(1) - 60,000 60,000 -
Key Asset Management Inc., as Agent for
the Charitable Securities Fund
127 Public Square, 20th Floor
Cleveland, Ohio 44114 31,116(1) 31,116(1) - 599,000 599,000 -
</TABLE>
<PAGE> 3
<TABLE>
<CAPTION>
Common Stock 6% Debentures
------------------------------------- --------------------------------------
Principal
Number of Amount of Principal
Shares Number of Percent of Debentures Amount of Percent of
SELLING SECURITYHOLDER Beneficially Shares Class After Beneficially Debentures Class After
---------------------- Owned Offered Offering Owned Offered Offering
----- ------- -------- ----- ------- --------
<S> <C> <C> <C> <C> <C> <C>
Key Asset Management Inc., as Agent for
the Victory Convertible Securities Fund
127 Public Square, 20th Floor
Cleveland, Ohio 44114
38,961(1) 38,961(1) - $ 750,000 $ 750,000 -
State Street Bank
Custodian For GE Pension Trust
One Bridge Plaza
Fort Lee, New Jersey 07024 38,961(1) 38,961(1) - 750,000 750,000 -
Third Avenue Trust on behalf of the
Third Avenue High Yield Fund Series
767 Third Avenue
New York, New York 10017 15,584(1) 15,584(1) - 300,000 300,000 -
Zephyr Fund Ltd.
c/o Harbor Capital Management
2777 Summer Street
Stamford, Connecticut 06905 25,974(1) 25,974(1) - 500,000 500,000 -
Forum Capital Markets LLC
53 Forest Avenue
Old Greenwich, Connecticut 06870 79,480(1) 79,480(1) - 1,530,000 1,530,000 -
Forest Alternative Strategies Fund A-5
53 Forest Avenue
Old Greenwich, Connecticut 06870 31,129(1) 31,129(1) - 580,000 580,000 -
Forest Alternative Strategies Fund A-5I
53 Forest Avenue
Old Greenwich, Connecticut 06870 2,597(1) 2,597(1) - 50,000 50,000 -
Forest Global Convertible Fund A-5
C/o Olympia Capital Williams House
20 Reid Street
Hamilton, HM 11 Bermuda 31,688(1) 31,688(1) - 610,000 610,000 -
</TABLE>
<PAGE> 4
<TABLE>
<CAPTION>
Common Stock 6% Debentures
------------------------------------- --------------------------------------
Principal
Number of Amount of Principal
Shares Number of Percent of Debentures Amount of Percent of
SELLING SECURITYHOLDER Beneficially Shares Class After Beneficially Debentures Class After
---------------------- Owned Offered Offering Owned Offered Offering
----- ------- -------- ----- ------- --------
<S> <C> <C> <C> <C> <C> <C>
Forest Alternative Strategies Fund
A-5M
53 Forest Avenue
Old Greenwich, Connecticut 06870 1,038(1) 1,038(1) - $ 20,000 $ 20,000 -
California Public Employment Retirement
System
400 P. Street
Sacramento, California 95814 142,857(1) 142,857(1) - 2,750,000 2,750,000 -
Bridgerope & Co.
Merrill Lynch World Income Fund
800 Scudders Mill Road
Plainsboro, New Jersey 08536 77,922(1) 77,922(1) - 1,500,000 1,500,000 -
Delaware State Employees' Retirement Fund
c/o Pecks Management Partners, Ltd.
One Rockefeller Plaza
Suite 900
New York, New York 10020 121,588(1) 121,588(1) - 2,340,000 2,340,000 -
Declaration of Trust for the Defined
Benefit Plans of ICI American Holdings
Incorporated
c/o Pecks Management Partners, Ltd.
One Rockefeller Plaza
Suite 900
New York, New York 10020 37,402(1) 37,402(1) - 720,000 720,000 -
Declaration of Trust for the Defined
Benefit Plans of Zeneca Holdings Inc.
c/o Pecks Management Partners, Ltd.
One Rockefeller Plaza
Suite 900
New York, New York 10020 24,935(1) 24,935(1) - 480,000 480,000 -
</TABLE>
<PAGE> 5
<TABLE>
<CAPTION>
Common Stock 6% Debentures
------------------------------------- --------------------------------------
Principal
Number of Amount of Principal
Shares Number of Percent of Debentures Amount of Percent of
SELLING SECURITYHOLDER Beneficially Shares Class After Beneficially Debentures Class After
---------------------- Owned Offered Offering Owned Offered Offering
----- ------- -------- ----- ------- --------
<S> <C> <C> <C> <C> <C> <C>
Christian Science Trustees for Gifts and
Endowments
c/o Pecks Management Partners, Ltd.
One Rockefeller Plaza
Suite 900
New York, New York 10020 10,129(1) 10,129(1) - $ 195,000 $ 195,000 -
General Motors Employees Domestic Group
Trust
c/o Pecks Management Partners, Ltd.
One Rockefeller Plaza
Suite 900
New York, New York 10020 454,025(1) 454,025(1) - 8,740,000 8,740,000 -
Thermo Electron Balanced Investment Fund
c/o Pecks Management Partners, Ltd.
One Rockefeller Plaza
Suite 900
New York, New York 10020 27,272(1) 27,272(1) - 525,000 525,000 -
Security Insurance Company of Hartford
c/o Orion Capital Corporation
600 Fifth Avenue
New York, New York 10020 51,948(1) 51,948(1) - 1,000,000 1,000,000 -
Guaranty National Insurance Company
c/o Orion Capital Corporation
600 Fifth Avenue
New York, New York 10020 25,974(1) 25,974(1) - 500,000 500,000 -
LLT Limited
# 48 Par-la-Ville Road
Suite No. 779
Hailton, HM 11
Bermuda 2,077(1) 2,077(1) - 40,000 40,000 -
</TABLE>
<PAGE> 6
<TABLE>
<CAPTION>
Common Stock 6% Debentures
------------------------------------- --------------------------------------
Principal
Number of Amount of Principal
Shares Number of Percent of Debentures Amount of Percent of
SELLING SECURITYHOLDER Beneficially Shares Class After Beneficially Debentures Class After
---------------------- Owned Offered Offering Owned Offered Offering
----- ------- -------- ----- ------- --------
<S> <C> <C> <C> <C> <C> <C>
OCM Convertible Trust
c/o Oaktree Capital Management LLC
550 South Hope Street, 22nd Floor
Los Angeles, California 90071 54,805(1) 54,805(1) - $ 1,055,000 $ 1,055,000 -
State of Connecticut Combined Investment
Funds
c/o Oaktree Capital Management LLC
550 South Hope Street, 22nd Floor
Los Angeles, California 90071 16,363(1) 16,363(1) - 315,000 315,000 -
Partner Reinsurance Company Ltd.
c/o Oaktree Capital Management LLC
550 South Hope Street, 22nd Floor
Los Angeles, California 90071 10,389(1) 10,389(1) - 200,000 200,000 -
Raytheon Company Master Pension Trust
c/o Oaktree Capital Management LLC
550 South Hope Street, 22nd Floor
Los Angeles, California 90071 33,766(1) 33,766(1) - 650,000 650,000 -
Vanguard Convertible Securities Fund,
Incorporated
c/o Oaktree Capital Management LLC
550 South Hope Street, 22nd Floor
Los Angeles, California 90071 32,727(1) 32,727(1) - 630,000 630,000 -
Heritage Income Growth Trust
880 Carillon Parkway
St. Petersburg, Florida 33716 113,766(1) 113,766(1) - 2,190,000 2,190,000 -
Second National Bank Trust Department
108 Main SW
Warren, Ohio 44481 5,194(1) 5,194(1) - 100,000 100,000 -
</TABLE>
<PAGE> 7
<TABLE>
<CAPTION>
Common Stock 6% Debentures
------------------------------------- --------------------------------------
Principal
Number of Amount of Principal
Shares Number of Percent of Debentures Amount of Percent of
SELLING SECURITYHOLDER Beneficially Shares Class After Beneficially Debentures Class After
---------------------- Owned Offered Offering Owned Offered Offering
----- ------- -------- ----- ------- --------
<S> <C> <C> <C> <C> <C> <C>
Katrina Adams
c/o Morgan Stanley Incorporated
440 S. LaSalle
Chicago, Illinois 60605 5,194(1) 5,194(1) - $ 100,000 $ 100,000 -
David Babiarz
c/o Morgan Stanley Incorporated
440 S. LaSalle
Chicago, Illinois 60605 2,597(1) 2,597(1) - 50,000 50,000 -
Thomas G. Lyons
c/o Morgan Stanley Incorporated
440 S. LaSalle
Chicago, Illinois 60605 2,597(1) 2,597(1) - 50,000 50,000 -
TQA Arbitrage Fund, L.P.
181 Harbour Drive
Stamford, Connecticut 06902 23,376(1) 23,376(1) - 450,000 450,000 -
TQA Leverage Fund, L.P.
181 Harbour Drive
Stamford, Connecticut 06902 10,389(1) 10,389(1) - 200,000 200,000 -
TQA Leverage Fund, L.P.
181 Harbour Drive
Stamford, Connecticut 06902 5,194(1) 5,194(1) - 100,000 100,000 -
Richard L. Jackson
Judith A. K. Harmony
3950 Rose Hill Avenue
Cincinnati, Ohio 45229 3,558(2) 1,558(1) * 30,000 30,000 -
Museum of Fine Arts, Boston
c/o The Putnam Advisory Company,
Incorporated
One Post Office Square
Boston, Massachusetts 02109 5,455(1) 5,455(1) - 105,000 105,000 -
</TABLE>
<PAGE> 8
<TABLE>
<CAPTION>
Common Stock 6% Debentures
------------------------------------- --------------------------------------
Principal
Number of Amount of Principal
Shares Number of Percent of Debentures Amount of Percent of
SELLING SECURITYHOLDER Beneficially Shares Class After Beneficially Debentures Class After
---------------------- Owned Offered Offering Owned Offered Offering
----- ------- -------- ----- ------- --------
<S> <C> <C> <C> <C> <C> <C>
Boston College Endowment Fund
c/o The Putnam Advisory Company,
Incorporated
One Post Office Square
Boston, Massachusetts 02109 4,935(1) 4,935(1) - $ 95,000 $ 95,000 -
Promutual
c/o The Putnam Advisory Company,
Incorporated
One Post Office Square
Boston, Massachusetts 02109 22,857(1) 22,857(1) - 440,000 440,000 -
Employers' Reinsurance Corporation
c/o The Putnam Advisory Company,
Incorporated
One Post Office Square
Boston, Massachusetts 02109 35,584(1) 35,584(1) - 685,000 685,000 -
University of Rochester
c/o The Putnam Advisory Company,
Incorporated
One Post Office Square
Boston, Massachusetts 02109 5,194(1) 5,194(1) - 100,000 100,000 -
Rhone-Poulenc Rorer Inc. Pension Plan
c/o The Putnam Advisory Company,
Incorporated
One Post Office Square
Boston, Massachusetts 02109 467(1) 467(1) - 9,000 9,000 -
New Hampshire State Retirement System
c/o The Putnam Advisory Company,
Incorporated
One Post Office Square
Boston, Massachusetts 02109 27,012(1) 27,012(1) - 520,000 520,000 -
</TABLE>
<PAGE> 9
<TABLE>
<CAPTION>
Common Stock 6% Debentures
------------------------------------- --------------------------------------
Principal
Number of Amount of Principal
Shares Number of Percent of Debentures Amount of Percent of
SELLING SECURITYHOLDER Beneficially Shares Class After Beneficially Debentures Class After
---------------------- Owned Offered Offering Owned Offered Offering
----- ------- -------- ----- ------- --------
<S> <C> <C> <C> <C> <C> <C>
Putnam Convertible Income-Growth Trust
c/o The Putnam Investment Management
Incorporated
One Post Office Square
Boston, Massachusetts 02109
320,000(1) 320,000(1) - $6,160,000 6,160,000 -
Putnam Global Natural Resources Fund
c/o The Putnam Investment Management
Incorporated
One Post Office Square
Boston, Massachusetts 02109 40,000(1) 40,000(1) - 770,000 770,000 -
Putnam Balanced Retirement Fund
c/o The Putnam Investment Management
Incorporated
One Post Office Square
Boston, Massachusetts 02109 14,025(1) 14,025(1) - 270,000 270,000 -
Putnam Convertible Opportunities and
Income Trust
c/o The Putnam Investment Management
Incorporated
One Post Office Square
Boston, Massachusetts 02109 17,142(1) 17,142(1) - 330,000 330,000 -
Putnam Funds Trust-Putnam High Yield
Total Return Fund
c/o The Putnam Investment Management
Incorporated
One Post Office Square
Boston, Massachusetts 02109 1,246(1) 1,246(1) - 24,000 24,000 -
Sondra Myers
Mae S. Gelb
C/o Beverly Gelb Klein Trustee
111 Peller Avenue
Scranton, Pennsylvania 18505 519(1) 519(1) - 10,000 10,000 -
</TABLE>
<PAGE> 10
<TABLE>
<CAPTION>
Common Stock 6% Debentures
------------------------------------- --------------------------------------
Principal
Number of Amount of Principal
Shares Number of Percent of Debentures Amount of Percent of
SELLING SECURITYHOLDER Beneficially Shares Class After Beneficially Debentures Class After
---------------------- Owned Offered Offering Owned Offered Offering
----- ------- -------- ----- ------- --------
<S> <C> <C> <C> <C> <C> <C>
Ethel Chadsey Meulendyke Charitable Trust
c/o A.G. Edwards & Sons Inc.
31 N. Main Street
Essex, Connecticut 06426
935(1) 935(1) - 18,000(1) 18,000(1) -
LDG Limited
#48 Par-la-Ville Road
Suite No 780
Hamilton, HM 11
Bermuda 10,389(1) 10,389(1) - 200,000(1) 200,000(1) -
</TABLE>
- -----------------------
* Less than 1%
(1) Issuable upon conversion of the 6% Debentures.
(2) Includes 1,558 shares issuable upon conversion of the 6% Debentures and
2,000 Common shares currently owned.
