Fuqua & Stone Do Escobar Biopic

Antoine Fuqua (“King Arthur,” “Training Day”) will direct and Oliver Stone will produce “Escobar,” a biopic about the notorious Colombian cocaine trafficker Pablo Escobar, for J2 Pictures reports Variety.

The project aspires to be the first of two rival pics on the subject to make it into production, the other being the Joe Carnahan directed “Killing Pablo,” an adaptation of the Mark Bowden book with Javier Bardem and Christian Bale attached to star.

“Escobar” is based on “Mi Hermano Pablo,” a book written by Roberto Escobar Gaviria, who served as his brother’s accountant and confidant. David McKenna (“Blow,” “American History X”) is working on a rewrite under the supervision of Stone and Fuqua.

Financing is in place and production is slated to begin the in first quarter of 2008 in Colombia and Puerto Rico.