<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
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INFORMATION TO BE INCLUDED IN STATEMENTS FILED
PURSUANT TO 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO 13d-2(b)
--------
Range Resources Corporation
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
75281A109
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(CUSIP Number)
August 28, 1998
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(Date of event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d-(c)
[X] Rule 13d-1(d)
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(1) The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect to the subject class
of securities, and for any subsequent amendment containing information which
would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
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CUSIP No. 75281A109 13G Page 2 of 11 Pages
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
First Reserve Corporation
I.R.S No.: 06-1210123
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5 SOLE VOTING POWER
NUMBER OF 0
SHARES -------------------------------------------------
6 SHARED VOTING POWER
BENEFICIALLY
5,647,493
OWNED BY
-------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 0
PERSON -------------------------------------------------
8 SHARED DISPOSITIVE POWER
WITH
5,647,493
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,647,493
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
15.0%
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12 TYPE OF REPORTING PERSON*
CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP No. 75281A109 13G Page 3 of 11 Pages
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
First Reserve Fund VII, Limited Partnership
I.R.S No.: 06-1457408
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5 SOLE VOTING POWER
NUMBER OF 0
SHARES -------------------------------------------------
6 SHARED VOTING POWER
BENEFICIALLY
5,647,493
OWNED BY
-------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 0
PERSON -------------------------------------------------
8 SHARED DISPOSITIVE POWER
WITH
5,647,493
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,647,493
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
15.0%
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12 TYPE OF REPORTING PERSON*
PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 4
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CUSIP No. 75281A109 13G Page 4 of 11 Pages
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
First Reserve GP VII, L.P.
I.R.S No.: 06-15020256
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5 SOLE VOTING POWER
NUMBER OF 0
SHARES -------------------------------------------------
6 SHARED VOTING POWER
BENEFICIALLY
5,647,493
OWNED BY
-------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 0
PERSON -------------------------------------------------
8 SHARED DISPOSITIVE POWER
WITH
5,647,493
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,647,493
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
15.0%
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12 TYPE OF REPORTING PERSON*
PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 5
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CUSIP No. 75281A109 13G Page 5 of 11 Pages
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
William E. Macaulay
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.
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5 SOLE VOTING POWER
NUMBER OF 0
SHARES -------------------------------------------------
6 SHARED VOTING POWER
BENEFICIALLY
0
OWNED BY
-------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 0
PERSON -------------------------------------------------
8 SHARED DISPOSITIVE POWER
WITH
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [X]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.0
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12 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 6
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CUSIP No. 75281A109 13G Page 6 of 11 Pages
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
John A. Hill
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.
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5 SOLE VOTING POWER
NUMBER OF 0
SHARES -------------------------------------------------
6 SHARED VOTING POWER
BENEFICIALLY
0
OWNED BY
-------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 0
PERSON -------------------------------------------------
8 SHARED DISPOSITIVE POWER
WITH
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [X]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.0
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12 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 7
Item 1.
(a) Name of Issuer.
The issuer is Range Resources Corporation, formerly known as
Lomak Petroleum Inc. (the "Issuer").
(b) Address of Principal Executive Offices.
The Issuer's principal executive offices are located at 500
Throckmorton Street, Suite 2104, Fort Worth, TX 76102
Item 2.
(a) Name of Person Filing.
This Schedule 13G is being filed by First Reserve Corporation
("First Reserve"), First Reserve Fund VII, Limited Partnership ("Fund
VII"), First Reserve GP VII, L.P. ("GP VII"), William E. Macaulay and
John A. Hill to report the acquisition of securities of the issuer
pursuant to a merger of the issuer and Domain Energy Corporation on
August 28, 1998. This Schedule 13G also reflects the results of
transactions in such securities by the Reporting Persons since such
date. First Reserve is the managing general partner of GP VII, which is
the general partner of Fund VII. Mr. Macaulay and Mr. Hill are
officers, directors, and shareholders of First Reserve.
(b) Address of Principal Business Office or, if none, Residence
The principal business office of First Reserve, Fund VII, GP
VII, Mr. Macaulay, and Mr. Hill (together, the "Reporting Persons") is:
First Reserve Corporation
475 Steamboat Road
Greenwich, CT 06830
(c) Citizenship
Fund VII and GP VII are Delaware limited partnerships and
First Reserve is a Delaware corporation. Mr. Macaulay and Mr. Hill are
United States citizens.
(d) Title of Class of Securities
This statement relates to shares of Common Stock of the
Issuer.
(e) CUSIP Number
The CUSIP Number for the Common Stock is 75281A109.
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b),
check whether the person filing is a:
Not applicable.
PAGE 7 OF 11
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Item 4. Ownership
(a) Amount beneficially owned:
As of the date hereof, the Reporting Persons are the beneficial owners
of Range Resources Corporation Common Stock in the numbers set forth in the
table below.
<TABLE>
<CAPTION>
NUMBERS OF SHARES
REPORTING PARTY BENEFICIALLY OWNED
---------------------------------------------------- ------------------
<S> <C>
Fund VII (1)........................................ 5,647,493
GP VII (1).......................................... 5,647,493
First Reserve (1)................................... 5,647,493
William E. Macaulay (1)............................. 5,647,493
John A. Hill (1).................................... 5,647,493
</TABLE>
(1) Of the shares listed as beneficially owned by the
Reporting Persons, 5,501,298 shares are owned of record and
beneficially by Fund VII, 52,835 shares are stock options owned of
record and beneficially by Jonathan Linker and Ben Guill, and 93,360
shares are owned of record and beneficially by Ben Guill. Fund VII, GP
VII and First Reserve share in the dispositive control of all such
options and shares.
First Reserve is the general partner of GP VII which is, in
turn, the general partner of Fund VII. Through their control positions
within First Reserve and their ownership of shares of First Reserve,
Mr. Macaulay and Mr. Hill may be deemed to share beneficial ownership
of the shares of Common Stock.
Mr. Macaulay's spouse owned 7,816 shares of Common Stock on
the date of the event which required filing of this statement. These
shares were sold on September 13, 1999.
Mr. Macaulay and Mr. Hill disclaim beneficial ownership of all
reported shares.
(b) Percent of Class
As of the date hereof, the percentage of shares of Common
Stock beneficially owned by each Reporting Person, based on the
37,567,786 shares reported by the Issuer as outstanding on August 10,
1999, are:
<TABLE>
<CAPTION>
Reporting Person Percentages
<S> <C>
First Reserve 15.0%
Fund VII 15.0%
GP VII 15.0%
William E. Macaulay 15.0%
John A. Hill 15.0%
</TABLE>
PAGE 8 OF 11
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(c) Voting and Dispositive Powers:
Fund VII shares the power to vote or to direct the vote and the power
to dispose or direct the disposition of all shares it holds with its general
partner, GP VII, who, in turn, shares voting and dispositive power with its
general partner, First Reserve. Mr. Macaulay and Mr. Hill, as potential control
persons of First Reserve may be deemed to share voting and dispositive power
over all shares, but disclaim such beneficial ownership. The power to vote or
dispose of the stock held by Mr. Linker and Mr. Guill is shared between the
Reporting Parties and Mr. Linker and Mr. Guill. The Reporting Parties have the
following powers with respect to the Common Stock:
<TABLE>
<CAPTION>
SOLE SHARED SOLE SHARED
VOTING VOTING DISPOSITIVE DISPOSITIVE
REPORTING PARTY POWER POWER POWER POWER
------------------------------------- ----- --------- ----------- -----------
<S> <C> <C> <C> <C>
Fund VII (1)......................... 0 5,647,493 0 5,647,493
GP VII (1)........................... 0 5,647,493 0 5,647,493
First Reserve (1).................... 0 5,647,493 0 5,647,493
William E. Macaulay(1)............... 0 5,647,493 0 5,647,493
John A. Hill (1)..................... 0 5,647,493 0 5,647,493
</TABLE>
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(1) Of the shares listed as beneficially owned by the
Reporting Persons, 5,501,298 shares are owned of record and
beneficially by Fund VII, 52,835 shares are stock options owned of
record and beneficially by Jonathan Linker and Ben Guill, and 93,360
shares are owned of record and beneficially by Ben Guill. Fund VII, GP
VII and First Reserve share in the dispositive control of all such
options and shares.
First Reserve is the general partner of GP VII which is, in
turn, the general partner of Fund VII. Through their control positions
within First Reserve and their ownership of shares of First Reserve,
Mr. Macaulay and Mr. Hill may be deemed to share beneficial ownership
of the shares of Common Stock.
Mr. Macaulay's spouse owned 7,816 shares of Common Stock on
the date of the event which required filing of this statement. These
shares were sold on September 13, 1999.
Mr. Macaulay and Mr. Hill disclaim beneficial ownership of all
reported shares.
Item 5. Ownership of Five Percent or Less of a Class
Not applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person
Not applicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company
Not applicable.
PAGE 9 OF 11
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Item 8. Identification and Classification of Members of the Group
Not applicable.
Item 9. Notice of Dissolution of Group
Not applicable.
Item 10. Certification
Not applicable.
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: 22 October, 1999
FIRST RESERVE CORPORATION
/s/ Thomas R. Denison
-----------------------------------------
Name: Thomas R. Denison
Title: Managing Director
FIRST RESERVE FUND VII, LIMITED
PARTNERSHIP
By: First Reserve GP VII, LP, as General
Partner
By: First Reserve Corporation,
as General Partner
/s/ Thomas R. Denison
--------------------------------
Name: Thomas R. Denison
Title: Managing Director
PAGE 10 OF 11
<PAGE> 11
FIRST RESERVE GP VII, LP
By: First Reserve Corporation,
as General Partner
/s/ Thomas R. Denison
--------------------------------
Name: Thomas R. Denison
Title: Managing Director
William E. Macaulay
By: /s/ Thomas R. Denison
--------------------------------
Name: Thomas R. Denison
His Attorney-in-Fact
John A. Hill
By: /s/ Thomas R. Denison
--------------------------------
Name: Thomas R. Denison
His Attorney-in-Fact
PAGE 11 OF 11
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JOINT FILING AGREEMENT
We, the signatories of the statement on Schedule 13G filed with respect
to the Common Stock of Range Resources Corporation, to which this Agreement is
attached, hereby agree that such statement is, and any amendments thereto filed
by any of us will be, filed on behalf of each of us pursuant to and in
accordance with the provisions of Rule 13d-1(k) of the Securities Exchange Act
of 1934.
FIRST RESERVE CORPORATION
By: /s/ Thomas R. Denison
------------------------------------
Name: Thomas R. Denison
Title: Managing Director
FIRST RESERVE FUND VII, LIMITED PARTNERSHIP
By: First Reserve GP VII, LP, as
General Partner
By: First Reserve Corporation,
as General Partner
By: /s/ Thomas R. Denison
--------------------------
Name: Thomas R. Denison
Title: Managing Director
FIRST RESERVE GP VII, LP
By: First Reserve Corporation,
as General Partner
By: /s/ Thomas R. Denison
--------------------------
Name: Thomas R. Denison
Title: Managing Director
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William E. Macaulay
By: /s/ Thomas R. Denison
--------------------------
Name: Thomas R. Denison
Title: His Attorney-in-Fact
John A. Hill
By: /s/ Thomas R. Denison
--------------------------
Name: Thomas R. Denison
Title: His Attorney in Fact