Paramount and Platinum Dunes have picked an untitled adventure pitch for Michael Bay, Brad Fuller and Andrew Form to produce.
Tom Wheeler ("Puss in Boots") and Robbie Thompson ("Supernatural") are penning the script, but plot details are being kept secret. All that is known is that it's being called a "real science adventure thriller with an undersea component".
The project is being considered as a potential directing vehicle for Bay who is currently finishing off "Transformers: Age of Extinction" for release in late June.
Source: Heat Vision