Philip Seymour Hoffman Developing a new film called THE WELL with Guy Pearce and Mary-Louise Parker

Philip Seymour Hoffman has got him self another little film project to work on with Emily Ziff's production company Cooper's Town Productions. They are developing a psychological thriller titled The Well.

There aren't a lot of details on the project yet, but the story revolves around a well-to-do Manhattan couple whose obsessive pursuit of salvation ultimately leads to destruction.

It definitely has an interesting concept that is sure to have some deep philosophical discussions. Guy Pearce and Mary-Louise Parker will star in the film, and actor Tim Guinee will direct making it his feature directorial debut. Guinee will also write the script.