Good Universe has just landed a comedy pitch from Portlandia writer-director Jonathan Krisel and writer Graham Wagner for Mermaids In Paradise, the pair’s adaptation of Lydia Millet’s satirical novel. Krisel is set to help the pic and Wagner will write the screenplay, marking the feature debuts of both.

PGoodUniverse_logoacific Electric Picture Co.’s Ed Helms and Mike Falbo will produce alongside Danica Radovanov and Krisel. Nathan Kahane and Joe Drake of Good Universe will executive produce. Spencer Wong, who brought the project to the company, will oversee.

The plot of the novel, a sendup of the American honeymoon, centers on a couple who discover the existence of mermaids while celebrating their marriage in a tropical paradise. Seems rich fodder for the guys who have been surgical-like in skewering Portland, Ore.’s particular Keep It Weird culture on the killer IFC series starring Fred Armisen and Carrie Brownstein. Krisel co-created the series and has earned Emmy noms for directing the past two seasons.

“We can’t imagine a better team coming together to adapt this fantastic property,” Good Universe co-founder Kahane said. “We’re thrilled to be working on Jonathan and Graham’s first feature project after so much success in television, and Danica, Ed and Mike make the perfect team to help bring their vision to the big screen.”

Krisel and Wagner are also teaming on the FX series Baskets, the Zach Galifianakis-Louis C.K. show that is set to debut in 2016. Krisel is repped by UTA and Mosaic, Wagner by Mosaic and ICM Partners. Helms is repped by UTA and Principato-Young. Millet is represented by RWSG Literary on behalf of Lippincott Massie Mcquilkin.