His debut feature film has yet to be released, but ‘Chronicle’ director Josh Trank is said to be at the top of the list to direct a reboot of the movie ‘Fantastic Four.’

Fox Studios had announced a ‘Fantastic Four’ reboot soon after the disappointing box office sales for ‘Fantastic 4: Rise of the Silver Surfer.’ Not much was heard since then except that Michael Green (‘The River’, ‘Green Lantern’, ‘Smallville’) will be writing the script with Akiva Goldsman (‘Paranormal Activity’, ‘I Am Legend’) will be producing.

Now, according to an exclusive from Variety, Fox is seriously considering having Trank direct the film. Although Trank has had several meetings regarding the project with the studio, Fox is waiting to see how his debut film, ‘Chronicle,’ will do in the theaters before officially giving him an offer.

Chronicle’ was not only directed by Trank, but he also co-wrote the film with Max Landis (son of producer/director Jon Landis). The movie uses the documentary style found footage technique (similar to what’s seen in ‘Cloverfield’) and is about three high school teenagers who suddenly develop superpowers after being exposed to a mysterious object in the woods. As they learn to control their abilities and use them to their advantage, their lives start to spin out of control, and their darker sides begin to take over.

It’s hard to believe that ‘Chronicle’ won’t do well at the box office as found footage movies don’t take a lot of money to make and usually end up making a profit. Apparently “studio execs expect Trank to land the coveted helming gig.”

The reboot for the ‘Fantastic Four’ is still under development but is hoped to be released sometime in 2013.