Shale Doubters Finally Get Their Moment as Revolution Falters
- Firms analyze oil-well data to get more realistic projections
- Tom Loughrey’s FLOW aims to exploit wrinkle in reporting rules
Michael Friezo, left, and Tom Loughrey in Chapel Hill, on Sept. 11.
Photographer: Logan Cyrus/BloombergThis article is for subscribers only.
It was just a year ago that Tom Loughrey tried pitching a fund to bet against shale producers.
“I was basically kicked out of every office in New York City,” Loughrey said.