diff --git a/docs/source/conf.py b/docs/source/conf.py
index 65ee4db6f6..4a18f14de5 100644
--- a/docs/source/conf.py
+++ b/docs/source/conf.py
@@ -52,9 +52,9 @@ copyright = u'2011-2015, Massachusetts Institute of Technology'
 # built documents.
 #
 # The short X.Y version.
-version = "0.6"
+version = "0.7"
 # The full version, including alpha/beta/rc tags.
-release = "0.6.2"
+release = "0.7.0"
 
 # The language for content autogenerated by Sphinx. Refer to documentation
 # for a list of supported languages.
diff --git a/setup.py b/setup.py
index b86582dd04..655e38e3a4 100644
--- a/setup.py
+++ b/setup.py
@@ -10,7 +10,7 @@ except ImportError:
     have_setuptools = False
 
 kwargs = {'name': 'openmc',
-          'version': '0.6.2',
+          'version': '0.7.0',
           'packages': ['openmc'],
           'scripts': glob.glob('scripts/openmc-*'),
 
diff --git a/src/constants.F90 b/src/constants.F90
index b1af171ef1..3aaf08f0eb 100644
--- a/src/constants.F90
+++ b/src/constants.F90
@@ -7,8 +7,8 @@ module constants
 
   ! OpenMC major, minor, and release numbers
   integer, parameter :: VERSION_MAJOR   = 0
-  integer, parameter :: VERSION_MINOR   = 6
-  integer, parameter :: VERSION_RELEASE = 2
+  integer, parameter :: VERSION_MINOR   = 7
+  integer, parameter :: VERSION_RELEASE = 0
 
   ! Revision numbers for binary files
   integer, parameter :: REVISION_STATEPOINT       = 13