EXCLUSIVE: Emmett/Furla/Oasis Films has greenlighted a sequel to its 2013 film Escape Plan, with Sylvester Stallone prepared to reprise the role he played in the original, this time in a supporting capacity. He starred in the original with Arnold Schwarzenegger, and it grossed $137 million worldwide.

EFO co-founders/co-CEOs Randall Emmett and George Furla put this one together, and the company will sell foreign at AFM. Lionsgate Premiere will release domestically. Miles Chapman, who wrote the first one, is scripting the sequel. Emmett, Furla, Mark Canton and Zack Schiller will all return to produce. Ted Fox, Mark Stewart, Barry Brooker and Stan Wertlieb will executive produce with Robert Jones and Wayne Marc Godfrey of The Fyzz Facility. A major Chinese component will be involved in the financing of the sequel, due to its predecessor’s huge success in the region. Pre-production will begin January 15, and the film will shoot March 15 in Ohio and China.

EFO is in post on the Martin Scorsese-directed Silence; Amityville: The Awakening will be released January 6 by The Weinstein Company; and EFO recently wrapped principal photography on the John Travolta starrer Gotti, from director Kevin Connolly. The Nicolas Cage starrer Inconceivable is currently in production with director Jonathan Baker.