Does anyone know what's going on with ADE, it seemed like a...

Does anyone know what's going on with ADE, it seemed like a positive announcement yesterday albeit not occurring till next year. From a novice investor it doesn't make sense that they're not performing better when they have secured the pipeline, facilities, etc. made discoveries have drilling rigs contracted. Am I missing something or don't I understand the oil/gas business well enough. Any information and education would be appreciated.
Thanks