Document:

No.____________

                      	 
      	
                        _________
      Warrants

                      

              

            

          

        

      

    

    
      

      VOID IF
NOT EXERCISED PRIOR TO 5:00 P.M. _____________ TIME

       

      ______________,
2014

       

      ANDATEE
CHINA MARINE FUEL SERVICES CORPORATION

      

      CUSIP
____________

      

      WARRANT

       

      THIS
CERTIFIES THAT, for value received _____ is the registered holder of a Warrant
or Warrants expiring ____, 2014 (the “Warrant”), issued as part of a Unit
consisting of one (1) share of common stock, par value $.001 per share and one
(1) warrant (the “Warrant") of Andatee China Marine Fuel Services Corporation, a
Delaware corporation (the “Company”), for each Warrant evidenced by this Warrant
Certificate.

       

      Each
Warrant entitles the holder to purchase one (1) share of Common Stock for $___
per share, subject to adjustment. Each Warrant entitles the holder thereof to
purchase from the Company, commencing on the date that this Warrant is
separately transferable from the Unit as determined by Newbridge Securities
Corporation one (1) share of Common Stock at the price of $___ per share, upon
surrender of this Warrant Certificate and payment of the Warrant Price at the
office or agency of the Warrant Agent, Continental Stock Transfer & Trust
Company (such payment to be made by check made payable to the Warrant Agent),
but only subject to the conditions set forth herein and in the Warrant Agreement
between the Company and Continental Stock Transfer. The Warrant Agreement
provides that upon the occurrence of certain events the Warrant Price and the
number of Warrant Shares purchasable hereunder, set forth on the face hereof,
may, subject to certain conditions, be adjusted. The term Warrant Price as used
in this Warrant Certificate refers to the price per share at which shares may be
purchased at the time the Warrant is exercised.

       

      No
fraction of a share will be issued upon any exercise of a Warrant. If the holder
of a Warrant would be entitled to receive a fraction of a share upon any
exercise of a Warrant, the Company shall, upon such exercise, pay to the holder
cash in an amount equal to the fair market value of such fractional
interest.

       

      Upon any
exercise of the Warrant for less than the total number of full shares provided
for herein, there shall be issued to the registered holder hereof or the
registered holder’s assignee a new Warrant Certificate covering the number of
shares for which the Warrant has not been exercised.

       

      Warrant
Certificates, when surrendered at the office or agency of the Warrant Agent by
the registered holder hereof in person or by attorney duly authorized in
writing, may be exchanged in the manner and subject to the limitations provided
in the Warrant Agreement, but without payment of any service charge, for another
Warrant Certificate or Warrant Certificates of like tenor and evidencing in the
aggregate a like number of Warrants.

       

      Upon due
presentment for registration of transfer of the Warrant Certificate at the
office or agency of the Warrant Agent, a new Warrant Certificate or Warrant
Certificates of like tenor and evidencing in the aggregate a like number of
Warrants shall be issued to the transferee in exchange for this Warrant
Certificate, subject to the limitations provided in the Warrant Agreement,
without charge except for any applicable tax or other governmental
charge.

       

      
        
           

        

        
          
          

          
            

          

        

        
           

        

      

       

      The
Company and the Warrant Agent may deem and treat the registered holder as the
absolute owner of this Warrant Certificate (notwithstanding any notation of
ownership or other writing hereon made by anyone), for the purpose of any
exercise hereof, of any distribution to the registered holder, and for all other
purposes, and neither the Company nor the Warrant Agent shall be affected by any
notice to the contrary.  This Warrant does not entitle the registered
holder to any of the rights of a stockholder of the Company.

       

      
        
          	
                  By:

                	 
      	 
      

        

      

      
        
          
            	
                    Name:

                  	 
      	 
      

          

        

      

      Chief
Executive Officer

      

      
        
          	 
      	 
      
	
                  Secretary

                	 
      

        

      

       

      
        
           

        

        
          2

          
            

          

        

        
           

        

      

      SUBSCRIPTION
FORM

       

      To Be
Executed by the Registered Holder in Order to Exercise Warrants

       

      The
undersigned Registered Holder irrevocably elects to exercise ___________
Warrants represented by this Certificate, and to purchase the shares of Common
Stock issuable upon the exercise of such Warrants, and requests that
Certificates for such shares shall be issued in the name of

       

       

      

        
          

        

      

      (PLEASE
TYPE OR PRINT NAME AND ADDRESS)

        

        

      

    

    
       

      
        

      

    

    
       

      
        

      

    

    
      (SOCIAL
SECURITY OR TAX IDENTIFICATION NUMBER)

      

      and be
delivered to

       

         

      
        

      

      (PLEASE
PRINT OR TYPE NAME AND ADDRESS)

       

        
          

        

         

        
          

        

      

       

        
          

        

      

       

      and, if
such number of Warrants shall not be all the Warrants evidenced by this Warrant
Certificate, that a new Warrant Certificate for the balance of such Warrant be
registered in the name of, and delivered to, the Registered Holder at the
address stated below:

       

      
        
          
            
              
                
                  
                    
                      	
                              Dated:

                            	 
      	 
      	 
      
	 
      	 
      	 
      	
                              (SIGNATURE)

                            
	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	
                              (ADDRESS)

                            
	 
      	 
      	 
      	  
      
	 
      	 
      	 
      	 
       
	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	  
      
	 
      	 
      	 
      	
                              (TAX
      IDENTIFICATION
NUMBER)

                            

                    

                  

                

              

            

          

        

      

       

      
        
           

        

        
          3

          
            

          

        

        
           

        

      

      

      ASSIGNMENT

       

      To Be
Executed by the Registered Holder in Order to Assign Warrants

       

      For Value
Received, _______________________ hereby sell, assign, and transfer unto
___________________________________________________________________________________
(PLEASE TYPE OR

      PRINT
NAME AND ADDRESS)

        

        
          

        

         

        
          

        

      

      (SOCIAL
SECURITY OR TAX IDENTIFICATION NUMBER)

      

      and be delivered to ________________________________________________________________________________________________________

      (PLEASE
PRINT OR TYPE NAME AND ADDRESS)

       

      

        
          

        

        _____________________ of the Warrants
represented by this Warrant Certificate, and hereby irrevocably constitute and
appoint ___________ Attorney to transfer this Warrant Certificate on the books
of the Company, with full power of substitution in the
premises.

      

      

      
        
          
            
              	
                      Dated:

                    	 
      	 
      	 
      
	 
      	
                      (SIGNATURE)

                    

            

          

        

      

      

      THE
SIGNATURE TO THE ASSIGNMENT OF THE SUBSCRIPTION FORM MUST CORRESPOND TO THE NAME
WRITTEN UPON THE FACE OF THIS WARRANT CERTIFICATE IN EVERY PARTICULAR, WITHOUT
ALTERATION OR ENLARGEMENT OR ANY CHANGE WHATSOEVER, AND MUST BE GUARANTEED BY A
COMMERCIAL BANK OR TRUST COMPANY OR A MEMBER FIRM OF THE AMERICAN STOCK
EXCHANGE, NEW YORK STOCK EXCHANGE, PACIFIC STOCK EXCHANGE OR CHICAGO STOCK
EXCHANGE.

       

      
        
           

        

        
          4THE
SHARES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO RESTRICTIONS.
SEE

    REVERSE
SIDE.

     

    
      
        
          
            	
                    NUMBER

                    000

                  	 
      	 
      	 
      	
                    SHARES

                    0

                  

          

        

      

    

     

    Organized
Under the Laws of the State of Delaware

    

    Andatee
China Marine Fuel Services Corporation

     

    Common
Stock

    
      
        	
                Authorized
      Shares 50,000,000

              	
                Cusip
      ___________          
           

              

      

    

    

    This
Certifies that                                
         
          
     Specimen                                    
                                
is the

     

    registered
holder of                                
           
           Zero and
no/100                                                           
Shares

     

    of
the fully paid and nonassessable shares of the par value of $.001 each of Common
Stock of

    

    Andatee
China Marine Fuel Services Corporation

     

    Transferable
only on the books of the Corporation in person or by duly authorized attorney
upon surrender of this certificate properly endorsed.

    This
certificate is not valid unless countersigned by the Transfer Agent and
registered by the Registrar. Witness the seal of the Corporation and
the  facsimile signatures of its duly

    authorized
officers.

     

    
      
        
          
            	 
      	 
      	 
      
	
                    President

                  	 
      	
                    Secretary

                  

          

        

      

    

    

    Seal

    2009

    Delaware

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    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

            	
              UNIF
      GIFT MIN ACT - ___________ Custodian
      __________

            
	
              TEN
      ENT – as tenants by the entireties

            	
                                                         (Cust)                              (Minor)

            
	
              JT
      TEN –  as joint tenants with right of survivorship under and not
      as tenants in common

            	
              Uniform
      Gifts to Minors Act ______

              (State)       
      

            

    

    

    Additional Abbreviations may also be
used though not in the above list.

    

    Andatee
China Marine Fuel Services Corporation

    

    The Corporation will furnish without
charge to each stockholder who so requests the powers, designations, preferences
and relative, participating, optional or other special rights of each class of
stock or series thereof of the Corporation and the qualifications, limitations,
or restrictions of such preferences and/or rights. This certificate and the
shares represented thereby are issued and shall be held subject to all the
provisions of the Certificate of Incorporation and all amendments thereto and
resolutions of the Board of Directors providing for the issue of shares of
Preferred Stock (copies of which may be obtained from the secretary of the
Corporation), to all of which the holder of this certificate by acceptance
hereof assents.

    

    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)

    

    ——————————————————————————————————————

    

    ——————————————————————————————————————

    

    ——————————————————————————————————————

    shares of
the common stock represented by the within Certificate, and do hereby
irrevocably constitute and appoint
_________________________________________________ Attorney to transfer the said
stock on the books of the within named Corporation will full power of
substitution in the premises.

     

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

     

    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:

     

    
      

    

    THE
SIGNATURE(S) SHOULD 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).

     

    
      
         

      

      
        3

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