EXHIBIT 4.1

INCORPORATED UNDER THE BUSINESS CORPORATIONS ACT OF ALBERTA NUMBER VT123456 SHARES *0************** **0************* ***0************ ****0*********** *****0********** THIS CERTIFIES THAT * * * SPECIMEN VT123456 123456 * * * SPECIMEN VT123456 123456 * * * SPECIMEN VT123456 123456 * * * SPECIMEN VT123456 123456 * * * SPECIMEN VT123456 123456* SPECIMEN * * VT123456 123456 * * * SPECIMEN VT123456 123456 * * * SPECIMEN VT123456 123456 * * * SPECIMEN VT123456 123456 * * * SPECIMEN VT123456 123456 * * * SPECIMEN VT123456 123456 * * * SPECIMEN VT123456 123456 * * * SPECIMEN VT123456 123456 * * * SPECIMEN VT123456 123456 * * * SPECIMEN VT123456 123456 * * * SPECIMEN VT123456 123456 * * * SPECIMEN VT123456 123456 * * * SPECIMEN VT123456 123456 * * * SPECIMEN VT123456 123456 * * * SPECIMEN VT123456 123456 * * * SPECIMEN VT123456 123456 * * * SPECIMEN VT123456 123456 * * * SPECIMEN VT123456 123456 * * * SPECIMEN VT123456 123456 * * * SPECIMEN VT123456 123456 * * * SPECIMEN VT123456 123456 * * * SPECIMEN VT123456 123456 * * * SPECIMEN VT123456 123456 * * * SPECIMEN VT123456 123456 * * * SPECIMEN VT123456 123456 * * * SPECIMEN VT123456 123456 * * * SPECIMEN VT123456 123456 * * * SPECIMEN VT123456 123456 * * * SPECIMEN VT123456 123456 * * * SPECIMEN VT123456 123456 is the registered holder of * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero zero * * * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * zero * * CUSIP 07317Q105 ISIN CA07317Q1054 FULLY PAID AND NON-ASSESSABLE COMMON SHARES IN THE CAPITAL OF BAYTEX ENERGY CORP. transferable on the books of the Corporation by the registered holder in person or by duly authorized attorney upon surrender of this Certificate properly endorsed. This Certificate is not valid until countersigned and registered by the Transfer Agent and Registrar of the Corporation. In Witness Whereof the Corporation has caused this Certificate to be signed by the facsimile signatures of its duly authorized officers. PRESIDENT & CHIEF EXECUTIVE OFFICER CHIEF FINANCIAL OFFICER DATED: December 10, 2010 COUNTERSIGNED AND REGISTERED VALIANT TRUST COMPANY TRANSFER AGENT AND REGISTRAR, CALGARY, ALBERTA, TORONTO, ONTARIO AND VANCOUVER, BRITISH COLUMBIA By AUTHORIZED OFFICER THE SHARES REPRESENTED BY THIS CERTIFICATE ARE TRANSFERABLE AT THE OFFICES OF VALIANT TRUST COMPANY IN CALGARY, ALBERTA, TORONTO, ONTARIO AND VANCOUVER, BRITISH COLUMBIA