Mark Neveldine, co-director of Ghost Rider: Spirit of Vengeance, is looking to direct his fist solo film project with The Vatican Tapes. I assume this is the same film that was set up at Lionsgate back in 2009, only this one is set up at Lakeshore Entertainment.
If it is the same project the film tells the story of a tape that leaked from the Vatican, and it displays an exorcism that goes horribly wrong. It was supposed to be a found footage type movie, and the script was written by Chris Borrelli based on a story by Borrelli and Chris Morgan.
There's no confirmation if this is still what the movie will end up being, but with Neveldine on board to direct it's sure to have a lot of energy and adrenaline moving the story forward.