Shark Tale and Shrek 2: According to Variety, DreamWorks is fast-tracking production on "Shrek 3," in which the lovable green ogre will tackle the legend of King Arthur and the Knights of the Round Table.

DreamWorks acknowledges it is moving ahead but won't divulge many details.

The first order of business appears to be hiring a second set of writers to work with "Shrek 2" scribes David Stem, Joe Stillman and David N. Weiss in order to push the franchise into trilogy territory.

"Shrek 3" is not the only animated sequel project getting a push at DreamWorks. The studio is also at work on "Shark Tale 2," even though the first film won't bow until October.

Shark Tale was released October 1st, 2004 and stars Will Smith, Robert De Niro, Renée Zellweger, Jack Black, Angelina Jolie, Martin Scorsese, Ziggy Marley, Doug E. Doug. The film is directed by Bibo Bergeron, Vicky Jenson, Rob Letterman.

Shrek 2 was released May 19th, 2004 and stars Mike Myers, Eddie Murphy, Cameron Diaz, Julie Andrews, Antonio Banderas, John Cleese, Rupert Everett, Jennifer Saunders. The film is directed by Andrew Adamson, Kelly Asbury, Conrad Vernon.