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Obsidian lined up to co-develop Wasteland 2

But only if Fargo can raise another $500K on Kickstarter.

Fallout: New Vegas developer Obsidian will co-develop RPG sequel Wasteland 2 as long as Brian Fargo and inXile Entertainment can raise $2.1 million on Kickstarter in the next 17 days.

Its current Kickstarter total rests at around $1.66 million, so there's a way to go yet.

As reported by Rock Paper Shotgun, Fargo explained that Obsidian's expertise will help streamline development as well as bringing in additional talent with close ties to the franchise.

"I have a history with the guys at Obsidian that dates back to the days of Interplay's Black Isle studios," he explained.

"Together we created some of the greatest RPG's of all time, from Fallout 1 & 2 to titles like Icewind Dale and Planescape: Torment. It is great that we now have a chance to reunite on a project like Wasteland 2.

"Obsidian has an incredible library of story, dialog and design tools that they have used to create hits like Neverwinter Nights 2, Star Wars: Knights of the Old Republic II, and of course, Fallout: New Vegas," he continued.

"Regardless of the tech we use to develop the game, experience with these tools will help us efficiently design the game without wasting time and resources on the tools needed for development."

Obsidian's Chris Avellone explained that he "jumped at the chance" to work on a sequel to "one of my favorite RPGs of all time".

"While I've worked on Fallout 2 and Fallout: New Vegas, getting the chance to work on the spiritual successor to the Fallout franchise is a honor," he added.

Earlier this week, Fargo leaped to Obsidian's defense over controversy surrounding New Vegas bonus payments from publisher Bethesda.

Obisidian was recently forced to lay-off staff and cancel projects, though work continues on its South Park RPG for THQ.