ISN Insignia Energy Com Npv

Insignia Energy Ltd. ("Insignia") (TSX VENTURE:ISN) (formerly Flagship Energy
Inc.) today filed its Interim Financial Statements and Management Discussion and
Analysis for the six months ended June 30, 2008. A copy of Insignia's documents
may be obtained at www.sedar.com or by contacting Insignia.


Insignia is a Calgary, Alberta, Canada based crude oil and natural gas
exploration, development and production company. The shares of Insignia are
traded on the TSX Venture Exchange under the symbol ISN.

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