Stephen Woolley and Neil Jordan's production house Company Of Wolves has set a comedy to be directed by acclaimed playwright Conor McPherson as the first film to go through its housekeeping deal with DreamWorks SKG.

As yet untitled, the project is set in Dublin and is to shoot this spring. "It's about a clash between the theatre world and the underworld in Dublin," Woolley said.

McPherson, whose credits include stage play The Weir and writing 1997 feature I Went Down, is also expected to attend next month's Berlin International Film Festival, where his feature Saltwater is understood to be in Panorama after narrowly missing a competition slot.

Also in the works at Company Of Wolves, named after Woolley and Jordan's groundbreaking 1984 gothic fantasy film, is an adaptation of Breakfast On Pluto, the book by Patrick McCabe. Jordan, who directed McCabe adaptation The Butcher Boy, is interested in but not necessarily directing the project, Woolley confirmed.

The book follows a boy who flees Ireland , becomes a transvestite prostitute in London and finds himself embroiled in an IRA bombing campaign.

"We are developing big and small-budget projects, anything from the scale of The Crying Game to Interview With A Vampire," added Woolley, who most recent collaboration with Jordan is the upcoming The End Of the Affair.