Helmer takes scribe Kalogridis for a 'Dive'

The Jim Cameron guessing game continues, as the helmer has lined up another project.

Cameron has tapped Laeta Kalogridis, who is co-writing “Battle Angel” with him, to write “The Dive,” the true, tragic love story of freediver Francisco “Pipin” Ferraras and his wife Audrey Mestre.

He plans to direct the film for 20th Century Fox and Lightstorm Entertainment.

“The Dive” won’t be the next directing effort for Cameron, who hasn’t helmed a feature since the 1997 Oscar-winning “Titanic.” Instead, he will next direct a film he’s calling “Project 880,” with speculation rife that it is either “Avatar” or “Battle Angel.”

Cameron will shoot that picture in the 3-D technology he has road-tested with such docus as “Ghosts of the Abyss” and “Aliens of the Deep.”

“Dive,” which would begin after that project, will tell the story of two pre-eminent free-divers who, with but a breath of air in their lungs, plunged to unimaginable depths before swimming back to the surface. She died during an attempt to better her world record to 557.7 feet.

Cameron will produce with Lightstorm’s Jon Landau and Rae Sanchini.

The filmmaker has been mulling “The Dive” since a Sports Illustrated cover story by Gary Smith told the story of the divers. Lightstorm bought rights to that article, “The Deadly Dive,” as well as rights to a subsequent book by Smith and an autobiography by Ferraras.

Cameron used his submersible equipment to film Ferraras when he matched the depth of her fatal dive in Cabo San Lucas, where the couple first met. It is likely that Cameron will use that actual footage in the film, much as he used footage from his own exploration of the Titanic wreck.

Kalogridis’s most recent scripting came on the Russian-language “Night Watch,” currently in release from Fox Searchlight. Next up is “Pathfinder,” a Marcus Nispel-directed Viking saga which Fox releases July 21.

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