It's back to the deep blue sea for director Chris Kentis and producer Laura Lau.

In a story from Variety, the Open Water director and producer will be bringing the survival tale Indianapolis to the big screen.

This film is based on Douglas Stanton's book In Harm's Way.

The story centers around "WWII's U.S.S. Indianapolis, sunk by a Japanese sub following a secret mission to deliver materials for the atomic bomb that would be dropped on Hiroshima. The men floated for five days in the Philippine Sea; only 317 of an estimated 900 who abandoned ship were pulled from the shark-infested waters."

Producing with Lau will also be Mark Gordon, Akiva Goldsman and Betsy Beers.

Warner Bros. has a history with this project. It seems that Mel Gibson came close to starring in a version of this film for director Barry Levinson about 5 years ago.

Currently, Universal "has a rival project that J.J. Abrams is eyeing based on the story of a youth whose school research project helped force a posthumous reconsideration of the ship's court-martialed captain, Charles McVay."

Interestingly, Kentis, who has long had a fascination with the Indianapolis, "used it as a touchstone for his" indie hit Open Water.

"Being a diver and a WWII buff, this is a story that long haunted me," Kentis says.