Woody Harrelson and Owen Wilson are set to team up to lead the thriller feature ‘Lips Like Sugar.’

Loosely based on a true story, the feature is set during the 1984 Olympic Games in L.A. The coming-of-age thriller is set against the backdrop of the punk and skate worlds of West Los Angeles. As the new friendship of two teenage girls from different walks of life unfolds and city officials focus on the Olympics, the lives of two former detectives (Harrelson and Wilson) become intertwined when one of the girls goes missing.

Grammy winner Brantley Gutierrez will take the helm on a story written by Anthony Tambakis (Warrior).

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Harrelson produces the film with Post Film’s Russ Posternak, Freestyle Picture Company’s Kevin Chinoy and Francesca Silvestri, 7 Deuce’s Jeremy Plager, Greg Lauritano, Subtractive’s Kyle Schember, and Zac Adams. Additional casting is underway.

Oscar nominee Will Butler (Her) is set to compose the score, with production to begin later this year. XYZ Films is executive producing and handling worldwide sales

Additional producers include Anthony Tambakis and Brantley Gutierrez, with Anna Schwartz serving as a co-producer. Executive producers include Tara Craig, Jaykant R. Patel, Rama K. Penta and Raj Penta.