Bill Bennett wrote and will direct the tale of a couple that gets lost on a haunted road in the Outback. Principal photography is set to begin in Australia later this summer.
Jorge Saralegui, whose credits include Midnight Meat Train and Queen Of The Damned, will produce with Silvana Milat. Myriad chief Kirk D'Amico will serve as executive producer with Richard Sheffield.
Myriad is in discussions with CGI house Fuel to come on board as a financing partner. Casting for the horror picture is underway and D'Amico will show buyers scripts and early teaser key art.
Myriad brought the project to Studio 407 and the latter is finalising a release plan for the comic book version of the property.
'The script is great genre material - young people getting trapped in a nether worldly situation they may or may not be able to escape from,' D'Amico said. 'Bill's got a steady hand with actors and a wonderful imagination.'