Cthulhu Saves the World dev Zeboyd Games is making Penny Arcade's On the Rain-Slick Precipice of Darkness 3 and 4.
Episode 3, screenshots of which you can see below, launches on PC, Mac, Xbox Live Indie Games, iPhone, iPad, iPod Touch and Android in the summer.
The game continues the adventures of Penny Arcade comic character Tycho Brahe and chum Jonathan Gabriel in the world of New Arcadia. Like previous games in the series, it's a role-playing game, with Zeboyd's trademark stylized pixel-visuals.
"Zeboyd has essentially mastered the Throwback RPG as an art form," said Penny Arcade's Jerry Holkins. "This isn't their first time to the rodeo. They are true rodeo enthusiasts. I forget what we were talking about."
Zeboyd's Robert Boyd added: "With Penny Arcade's On the Rainslick Precipice of Darkness 3, we've taken elements from various classic RPGs and fused them with our own ideas of how a fast-paced turn-based RPG should play. Working with Penny Arcade and in the unique world of New Arcadia has been great and we hope everyone enjoys the game!"
The announcement of the game comes as something of a surprise, given the troubled development of the first two games in the series.
It had been thought there wouldn't be a third Penny Arcade Adventures game because, according to Holkins and Krahulik, of the sheer volume of work involved in making the first two.