The True Blood star is the top choice for the title character, while Samuel L. Jackson is in talks to play a Civil War veteran.
True Blood's Alexander Skarsgard is also a top contender to strap on the loin cloth for this Warner Bros. adventure.
The Footloose director has signed onto write and direct what may be up to three movies centering on the famed jungle character.
The studio may commission separate scripts from both Adam Cozad and Craig Brewer to decide which way to go with this new adventure.
The studio is also considering remakes of The Wild Bunch, Westworld, The Dirty Dozen, Tarzan and Oh, God!
Director Stephen Sommers to team with original Pirates writer Stuart Beattie for a new spin on the classic tale.