Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
WALLER RODNEY L
  2. Issuer Name and Ticker or Trading Symbol
RANGE RESOURCES CORP [RRC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
SVP
(Last)
(First)
(Middle)
C/O RANGE RESOURCES CORPORATION, 777 MAIN STREET, SUITE 800
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2006
(Street)

FORT WORTH, TX 76102
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/30/2006   M   22,011 A $ 4.4467 276,493 D  
Common Stock 06/30/2006   S   22,011 D $ 27.1052 254,482 D  
Common Stock 06/30/2006   M   15,487 A $ 3.66 269,969 D  
Common Stock 06/30/2006   S   15,487 D $ 27.1052 254,482 D  
Common Stock 06/30/2006   M   20,095 A $ 3.8867 274,577 D  
Common Stock 06/30/2006   S   20,095 D $ 27.1052 254,482 D  
Common Stock 06/30/2006   M   2,207 A $ 6.9867 256,689 D  
Common Stock 06/30/2006   S   2,207 D $ 27.1052 254,482 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy) $ 3.66 06/30/2006   M     15,487 05/23/2003 05/23/2007 Common Stock 15,487 $ 0 0 D  
Non-Qualified Stock Option (right to buy) $ 3.8867 06/30/2006   M     20,095 02/12/2004 02/12/2008 Common Stock 20,095 $ 0 0 D  
Non-Qualified Stock Option (right to buy) $ 4.4467 06/30/2006   M     22,011 02/12/2002 02/12/2011 Common Stock 22,011 $ 0 0 D  
Non-Qualified Stock Option (right to buy) $ 6.9867 06/30/2006   M     2,207 02/11/2005 02/11/2009 Common Stock 2,207 $ 0 61,781 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
WALLER RODNEY L
C/O RANGE RESOURCES CORPORATION
777 MAIN STREET, SUITE 800
FORT WORTH, TX 76102
      SVP  

Signatures

 Rodney L. Waller   07/03/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

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