Specimen Unit Certificate



 Exhibit 4.1 
 [FACE OF CERTIFICATE – UNITED REFINING ENERGY CORP.] 
 UNITS 
 U 
 SEE REVERSE FOR CERTAIN DEFINITIONS 
 CUSIP 911360204 
 UNITED REFINING ENERGY CORP. 
 UNITS CONSISTING OF ONE SHARE OF COMMON STOCK AND ONE 
 WARRANT EACH TO PURCHASE ONE SHARE OF COMMON STOCK 
 This Certifies that 
 is the owner of 
 Units. 
 Each Unit (“Unit”) consists of one (1) share of
common stock, par value $.0001 per share (“Common Stock”), of UNITED REFINING ENERGY CORP., a Delaware corporation (the “Company”), and one warrant (the “Warrant”). Each Warrant entitles the holder to purchase one
(1) share of Common Stock for $14.00 per share (subject to adjustment). Each Warrant will become exercisable on the later of (i) the Company’s completion of a business combination with a target business or
(ii)                     , 2008 and will expire unless exercised before 5:00 p.m., New York City Time, on
                    , 2011, or earlier upon redemption (the “Expiration Date”). The Common Stock and Warrant comprising the Units
represented by this certificate will begin separate trading ten (10) business days following the earlier to occur of: (i) the expiration of the underwriters’ over-allotment option or (ii) its exercise in full; provided, however,
in no event will the representatives of the underwriters allow separate trading of the Common Stock and Warrants until the Company files an audited balance sheet reflecting the Company’s receipt of the gross proceeds of the initial public
offering including the proceeds received by the Company from the exercise of the over-allotment option, if exercised, and having issued a press release announcing when such separate trading will being. The terms of the Warrants are governed by a
Warrant Agreement, dated as of                     , 2007, between the Company and Continental Stock Transfer & Trust Company, as
Warrant Agent, and are subject to the terms and provisions contained therein, all of which terms and provisions the holder of this certificate consents to by acceptance hereof. Copies of 








 
the Warrant Agreement are on file at the office of the Warrant Agent at 17 Battery Place, New York, New York 10004, and are available to any Warrant holder
on written request and without cost. This certificate is not valid unless countersigned by the Transfer Agent and Registrar of the Company. 
 Witness the
facsimile seal of the Company and the facsimile signature of its duly authorized officers. 
 COUNTERSIGNED AND REGISTERED: 
 CONTINENTAL STOCK TRANSFER & TRUST COMPANY 
 TRANSFER AGENT AND
REGISTRAR 
 BY: 
 AUTHORIZED OFFICER 
 Dated: 
 (SIGNATURE) 
 CHIEF EXECUTIVE OFFICER 
 (SEAL) 
 (SIGNATURE) 
 SECRETARY 
 [REVERSE OF CERTIFICATE] 
 UNITED REFINING ENERGY CORP. 
 The Company will furnish without charge to each stockholder who so requests, a statement of the powers, designations, preferences and relative, participating, optional
or other special rights of each class of stock or series thereof of the Company and the qualifications, limitations, or restrictions of such preferences and/or rights. 
 The following abbreviations, when used in the inscription on the face of this certificate, shall be construed as though they were written out in full according to applicable laws or regulations: 
 TEN COM – as tenants in common 







 TEN ENT – as tenants by the entireties 
 JT TEN – as joint tenants with right of survivorship and not as tenants in common 

											
	UNIF GIFT MIN ACT —	 	  
	  	Custodian	 	  
	  		  	
		 	(Cust)	  		 	(Minor)	  		  	
	under Uniform Gifts to Minors Act	 	  
	  		 		  		  	
		 	(State)	  		 		  		  	

 Additional abbreviations may also be used though not in the above list. 
 For value received
                                        
                                        
            , hereby sell, assign and transfer unto 
 PLEASE INSERT SOCIAL SECURITY OR OTHER
IDENTIFYING NUMBER OF ASSIGNEE 
  

	
	  


 (PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS, INCLUDING ZIP CODE, OF ASSIGNEE) 
  

	
	  

	
	  


 Units represented by the within Certificate, and do hereby irrevocably constitute and appoint 

	
	
	  


 Attorney to transfer the said Units on the books of the within named Company with full power of substitution in the
premises. 
 Dated: 
 Notice: The signature to this assignment
must correspond with the name as written upon the face of the certificate in every particular, without alteration or enlargement or any change whatever. 
 Signature(s) Guaranteed: 
  

			
	By	 	 

 THE SIGNATURE(S) MUST BE GUARANTEED BY AN ELIGIBLE GUARANTOR INSTITUTION (BANKS, STOCKBROKERS, SAVINGS AND LOAN
ASSOCIATIONS AND CREDIT UNIONS WITH MEMBERSHIP IN AN APPROVED SIGNATURE GUARANTEE MEDALLION PROGRAM, PURSUANT TO S.E.C. RULE 17Ad-15). 
 The holder of this
certificate shall be entitled to receive funds from the trust account only in the event of the Company’s liquidation or if the holder seeks to redeem his respective 








 
shares into cash (i) upon an amendment to the amended and restated certificate of incorporation of the Company to extend the Company’s corporate
life beyond                     , 2009, which he voted against and which is actually approved and filed with the Secretary of State of
Delaware or (ii) upon a business combination, which he voted against and which is actually completed by the Company. In no other circumstances shall the holder have any right or interest of any kind in or to the trust account.