1
PROSPECTUS SUPPLEMENT TO                        Filed Pursuant to Rule 424(b)(3)
PROSPECTUS DATED JANUARY 21,1998                          SEC File No- 333-43823
AND PROSPECTUS SUPPLEMENT                    
DATED AUGUST 31,1998


                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 October 26, 1998

      ====================================================================


          The following information supplements the Prospectus dated January 21,
1998, as supplemented by the Prospectus Supplement dated August 31, 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":

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 ---------------------- ------- ------- -------- ----- ------- -------- Allstate Insurance Company 3075 Sanders Road Suite G5A Northbrook, Illinois 60062 106,382 106,382 - 50,000 50,000 - Forest Alternative Strategies A5 53 Forest Avenue Old Greenwich, Connecticut 06870 119,148 119,148 - 56,000 56,000 - Forest Alternative Strategies Fund A5I 53 Forest Avenue Old Greenwich, Connecticut 06870 10,212 10,212 4,800 4,800 - Forest Alternative Strategies fund A5M 53 Forest Avenue Old Greenwich, Connecticut 06870 4,893 4,893 - 2,300 2,300 -
2
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 ---------------------- ------- ------- -------- ----- ------- -------- Forest Alternative Strategies Fund B-3 53 Forest Avenue Old Greenwich, Connecticut 06870 6,546 6,546 - 3,077 3,077 - Forest Performance Fund LP 53 Forest Avenue Old Greenwich, Connecticut 06870 3,240 3,240 - 1,523 1,523 - Fox Family Portfolio Partnership c/o Forest Investment Management LLC 7701 Forsyth Blvd. St. Louis, Missouri 63105 7,446 7,446 - 3,500 3,500 - Forest Greyhound 53 Forest Avenue Old Greenwich, Connecticut 06870 4,680 4,680 - 2,200 2,200 - Forest Global Convertible Fund A-5 c/o Olympia Capital Williams House 20 Reid Street Hamilton, HMII Bermuda 130,212 130,212 - 61,200 61,200 - Forest Global Convertible Fund B-1 c/o Olympia Capital Williams House 20 Reid Street Hamilton, HMII Bermuda 3,617 3,617 - 1,700 1,700 - Forest Global Convertible Fund B-2 c/o Olympia Capital Williams House 20 Reid Street Hamilton, HMII Bermuda 3,829 3,829 - 1,800 1,800 - Forest Global Convertible Fund B-3 c/o Olympia Capital Williams House 20 Reid Street Hamilton, HMII Bermuda 5,106 5,106 - 2,400 2,400 -
3
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 ---------------------- ------- ------- -------- ----- ------- -------- LLT Limited #48 Par-la-Ville Road Suite No. 779 Hamilton, HMII Bermuda 7,170 7,170 - 3,370 3,370 - The Northwestern Mutual Life Insurance Company 720 East Wisconsin Avenue Milwaukee, Wisconsin 53202 106,382 106,382 - 50,000 50,000 - (1) Issuable upon conversion of the 5 3/4% Convertible Preferred Securities.