Just Add Water is yet to decide which Abe game to remake in high definition.
The choice is between Abe's Oddysee and Abe's Exoddus both iconic PSOne platforming games.
But an outside bet is that JAW will create an entirely new Abe game.
Oddworld creator Lorne Lanning announced in January that Abe's Oddysee was set for a HD remake with JAW at the helm.
But a decision is yet to be made, JAW boss Stewart Gilray told Eurogamer at the GameCityNights event in Nottingham.
"We want to do something, at least Oddysee or Exoddus-based because we have the design for those games," he said. "We have all the original 3D models for those games. We've got all the models behind what was pre-rendered. All the animations. All the environment models.
"What we're coming up with, people are going to like. But we're still in pre-production. We haven't decided if we're going to go with a full Oddysee remake or if we'll take parts of Oddysee, parts of Exoddus and parts of new stuff. We'll see."
All that is decided at this stage is that JAW will create an Abe HD game, it will be 2.5D, and it will launch for PC, PlayStation 3 and Xbox 360.
A decision will be made in the summer, with production due to begin in August.
"If we do a brand new game it's going to be two years away. If we do a remake it's going to be a year away," Gilray revealed. If it is a remake JAW hopes it'll launch by next Christmas.
"If we do a remake we could use it as a test bed. It's all well and good the fans saying, we want another Abe game. But, will only the fans buy it, or will we introduce new fans to it? The reason for doing Oddysee is that we can appeal to kids who weren't playing games 13, 14 years ago when it first came out and introduce Oddworld to a new audience that way.
"The businessmen say that's the sensible way to go. The creative says, no! Let's do new!"
1997 platformer Abe's Oddysee introduced playable character Abe, a Mudokon slave working at the RuptureFarms meat processing factory on Oddworld. Abe's Exoddus followed in 1998, again on the PSOne. Both games enjoyed such critical and commercial success that Abe became something of a PlayStation mascot.