The Cath Trade is Back, page-20

H,
It's an interesting comparison. As an industry outsider looking in (OK, with OCD level intensity), I would make a few observations:
1. Chinguetti was mid-size to small compared to SNE.
2. We have drilled more than twice as many wells prior to DOC, and will likely drill a few more
3. They struggled to produce to their targets for various reasons, but my understanding is that the project is held up as a learning moment not to rush and cut any corners

Conclusion is that we have a far superior oil field and have (already) done a more thorough appraisal.

Please note that this does not imply that SNE cannot be successfully developed at record speed. It's a buyers market now. Suppliers are falling over themselves to get resources and assets on site yesterday. And the project should be super focused, with none of the mañana attitude that comes with good times.
Cheers to all.