OEL could buy NDO with free cash flow from 1 years production, page-5

They have done well as producers and project managers and with the free income make money other ways instead of feeding the fish.

If you were to combine the two companies there would be economies of scale, diversification of projects, buying power, lots of other things as well.

Ability to pay a dividend, ability to buy other companies or be bought out by bigger fish.

So why would someone want to do that, to get offered a lot of shares in the company and many other reasons. Get a successful merger on there CV. That would be part of the deal if it where to happen is to find the self interest of the CEO.