THR is reporting that Dreamworks is moving forward with a ghostly picture called Boo U that is being scheduled for a fourth-quarter 2012 release slot.

The project, referred to internally as “Boo U.,” recently picked up writer Jon Vitti (“The Simpsons Movie”), who will pen the screenplay. The story line centers on a ghost who is bad at his job and must return to ghost school.

The project is being directed by Tony Leondis who was also the man behind the well intentioned, but universally panned Igor.

In the meantime, there’s plenty of great material in the pipeline from Dreamworks.

Puss in Boots” (March 30) and a third “Madagascar” movie (May) also are slated for release in 2012. The ghost picture would hit theaters Nov. 12, unless the caveman comedy “The Croods” or the Terry Pratchett adaptation “Truckers” makes the cut instead.