WAIVER AND CONSENT

Exhibit 4.1

WAIVER AND CONSENT

THIS WAIVER AND CONSENT is entered into this 30 ^th day of June, 2008, by and among Enable Capital Management, on its own behalf and on behalf of its affiliates, Enable Growth Partners LP, Enable Opportunity Partners LP and Pierce Diversified Strategy Master Fund LLC (collectively, “Enable”), and Star Energy Corporation (“ Star ”)

WHEREAS, Enable has entered into that certain Securities Purchase Agreement dated as of February 9, 2007 (the “ Purchase Agreement ”), by and among Star Energy Corporation (“ Star ”) and certain purchasers referenced therein (each, a “ Purchaser ”, collectively, the “ Purchasers ”), such Purchasers being Enable and Wolverine Asset Management LLC, on its own behalf and on behalf of its affiliates, Wolverine Convertible Arbitrage Fund Trading Ltd. and GPC LX LLC (collectively, “ Wolverine ”) (each of Star, Wolverine and Enable may hereafter be referred to as a “ Party ”, collectively, the “ Parties ”);

WHEREAS, pursuant to the Purchase Agreement, the Parties entered into certain related documents, instruments, agreements and notes dated as of February 9, 2007, among them a Registration Rights Agreement, a Security Agreement, a Subsid