I hold BUY... but you can't say there's never been a...

I hold BUY... but you can't say there's never been a major in the offshore drilling industry in OZ. It won't take you long to find it and it was around the same time you bought into BUY.
In saying that there's amazingly strict environmental and legal ramifications enforced through NOPSEMA. Things will be getting more stringent now as they had the wool pulled over their eyes recently by Woodside with the northern endeavour debarkle in the Timor sea and is the tax payer left to pick up the bill. These incidents however make it a tighter more environmentally regulated industry.