On the week of the original’s 20th anniversary, Alcon Entertainment co–founders Broderick Johnson and Andrew Kosove acquired the rights to remake the hit 1991 action flick, Point Break. Now the duo have officially announced their plans to fast–track a remake of the property for release by Warner Brothers.

Not a whole lot is known about the planned remake, but it is said that it will once again revolve around an undercover FBI agent infiltrating a criminal ring, and that it will be set in the world of international extreme sports. The original, which was directed by Kathryn Bigelow (The Hurt Locker) and starred Keanu Reeves and Patrick Swayze, involved surfing, which is generally considered an extreme sport. In this case, however, it’s unclear which sport(s) will be used.

The remake is set to be written by Kurt Wimmer, who wrote the screenplays for Street Kings, Law Abiding Citizen, Salt, and the Total Recall remake. He also wrote and directed Equilibrium and Ultraviolet.

Wimmer will also act as a producer along with Kosove and Johnson. A release date for the remake is currently unknown.

[Source: Deadline]