Danny Boyle, whose "Slumdog Millionaire" won a ridiculous eight Oscars, is prepping his next project with Fox Searchlight: "127 Hours," a drama focusing on the story of mountaineer Aron Ralston.

Simon Beaufoy, who wrote "Slumdog," is in talks to write the script from a treatment by Boyle. Variety says the plan right now is to have the film ready for release by late 2010.

"127 Hours" is based on the true story of Aron Ralston, who amputated his own limb and rescued himself after his arm got pinned under a boulder for almost five days during a climb in Utah in 2003.

Boyle's directing credits also include "Sunshine," "Millions" and "28 Days Later." "127 Hours" sounds like an intense project, and I'm already interested to see what Boyle ends up doing with it.