Summit and Participant acquired feature rights in 2011 to The New York Times article “Deepwater Horizon’s Final Hour,” written in December by David Barstow, David Rohde, and Stephanie Saul.
The 2010 explosion of Deepwater Horizon in the Gulf of Mexico killed 11 men working on the platform and injured 17 others. The subsequent gusher wasn’t capped for three months.
Lorenzo Di Bonaventura (“Red,” the “Transformers” franchise) and Mark Vahradian are producing. Matthew Sand penned the first draft of the script and Matthew Michael Carnahan wrote the most recent draft.
The project is in line with Participant’s focus on issue-oriented projects such as “The Help,” “Lincoln,” “An Inconvenient Truth,” “Good Night, and Good Luck,” “The Cove,” “Waiting for Superman” and “Fair Game.”
Chandor is in post-production on “A Most Violent Year” with Oscar Isaac and Jessica Chastain for A24, FilmNation and Participant.
Chandor is repped by WME.
News was first reported by the Deadline.com site.