Frequent collaborators Simon Pegg and Nick Frost are at it again.

The "Slaughterhouse Rulez" duo has sold a pitch for an upcoming horror flick called "Svalta" to Orion Pictures, Deadline reports. Pegg and Frost, along with Miles Ketley, are set to produce for Orion, while Dan Kagan will executive produce. Frost is also penning the screenplay alongside James Serafinowicz and Nat Saunders of Stolen Pictures.

The story is "scary, awesome and crazy," according to Orion Pictures President John Hegeman. It centers on a family vacationing on a remote (and fictional) Swedish island. When they discover there's a serial killer on the loose, they find the locals less than willing to help them.

Hegeman also noted the team's "unique voice" and some of Pegg and Frost's previous collaborations. He highlighted "Shaun of the Dead," "Hot Fuzz," and "The World's End." Each of those films was positively received by critics, and they currently have Rotten Tomatoes Tomatometer scores of 92, 91, and 89, respectively.

Everyone buckle up for another wild ride.

[via: Deadline]