Jan De Bont surfs 'Point Break' sequel

RGM, Essential will exec produce

CANNES -- Seventeen years after "Point Break" washed up in movie theaters, surf's up for the sequel, "Point Break: Indo," with Jan de Bont aboard to direct.

RGM Entertainment and Essential Entertainment will exec produce this Asia-based follow-up to director Kathryn Bigelow's original, which starred de Bont's "Speed" lead Keanu Reeves as an FBI agent casing a gang of surfer bank robbers. The new film will take place 20 years after the disappearance of one of the criminal surfers (Patrick Swayze).

Both the original and sequel are written by W. Peter Iliff. Plot details and possible character reprises have not been disclosed, but the film will shoot in Singapore and Southeast Asia.

Taylor Morgan Pictures' Chris Taylor and John Morgan will produce. RGM's Devesh Chetty, Essential's Jere Hausfater and Neil Kaplan, and the Paradigm-repped de Bont will executive produce.