Extraction sequel in the works, Joe Russo closes deal over Chris Hemsworth blockbuster
As confirmed by media reports, Russo wrote the script for the first instalment and produced it with his brother Anthony via their AGBO banner.
The Netflix film has become a huge hit with viewers worldwide.
Hemsworth revealed over the weekend that the movie is on track to be the streaming service's biggest movie of all time with an estimated 90 million households tuning into the film since its April 24 release.
(Netflix does not release rating data, but counts viewership based on two minutes of viewing time.)
The action-thriller was directed by Sam Hargrave, a Marvel stunt coordinator turned filmmaker, who could return for the follow-up.
While shooting for Avengers: Infinity War, the Russos had put together the film and approached Hargrave and later Hemsworth.
Based on the graphic novel Ciudad, Extraction stars Hemsworth as Tyler Rake, an Australian mercenary mourning the death of his son when he takes a job to rescue a 14-year-old boy (Rudhraksh Jaiswal), the kidnapped son of an imprisoned Indian drug kingpin.