Regency has picked up Cutlass Island, a pitch from Tom Wheeler about two shipwrecked brothers who discover a lost world of mythological and magical creatures.

According to The Hollywood Reporter, the story deals with a secret piece of legislation signed by Abraham Lincoln in 1863 called the Unique Lands and Species Act. The brothers uncover the mystery of the historic document and its lost world, Cutlass Island. The fantasy adventure is in the vein of Harry Potter and Jurassic Park, with the boys swearing to protect the islands against those bent on destroying them.

No production date has been set.