Warner Bros and IMAX Corp. are plotting a third aquatic 3D adventure. Working-titled Deep Sea-quel, the new film will be produced by the team behind last year's $40m-grossing Deep Sea 3D and the 1991 picture Into The Deep: director/cinematographer Howard Hall, producer Toni Myers and executive producer Graeme Ferguson. Joining the line-up on the new venture is Michele Hall, who is producing on behalf of Howard Hall Productions.

Warner Bros. president of domestic distribution Dan Fellman said in a statement, 'The strong results from Into The Deep and Deep Sea 3D serve as a testament that this is a subject matter that plays beautifully on IMAX screens, and has time-tested appeal to moviegoers worldwide.' Into The Deep has grossed more than $70m in the sixteen years since its release.

The new film will shoot in undersea locations around Southern Australia, New Guinea and the Indo-Pacific region.