Centor Energy, Inc. announced that it has executed a $1.25 million loan agreement with a private lender Fortuitus Investments, Inc. The loan will be funded in phases and partial proceeds will be used to complete the pending acquisition of the 55% working interest in the Pasquia Hills Oil Shale Project scheduled for February 16, 2014 as well as to complete the Hatch Ltd. feasibility study to determine economic criteria for commerciality and refine an operational plan to extract the oil shale resource. The Company has previously received $350,000 from this lender and has a successful working history.