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Damon and Affleck in gangster film

Ben Affleck and Matt Damon are reuniting on both sides of the camera for their first major movie together since hit drama Good Will Hunting.

It’s been 14 years since the two pals jumped-started their careers by winning an Oscar for Best Original Screenplay for the film which they co-wrote and starred in.

In 1999 they starred opposite each other in comedy Dogma, however this is their first hands-on role together since 1997.

They will co-produce, direct and star together on a biopic about notorious Boston gangster James ‘Whitey’ Bulger.

The pair have pondered making another movie for years, but have now confirmed the Bulger tale will be their reunion.

Matt will play the alleged killer, who was recently arrested by police after almost two decades on the run.

Ben, husband of actress Jennifer Garner, will direct the project as well as starring in it.

The pair will co-produce the movie under their Pearl Street Films banner.

Damon told a reporter: “We’re doing a Whitey Bulger movie. There are a couple of competing movies and I don’t think it’s been announced yet that we’re doing it.

“But the sooner it’s announced the better, just because everyone else will back off, hopefully. I’m really excited about it.”

Boardwalk Empire creator Terrence Winter is writing the script, while Ben’s little brother Casey will have a role in the film.

Production is due to begin on the project next year.

Bulger was the leader of South Boston’s Winter Hill Gang who ran a protection racket targeting drug dealers and individuals running illegal gambling operations.

After working as an FBI informant for years, Bulger – who is accused of committing 19 murders – went on the run in December 1994 after being tipped off he was about to be arrested for an indictment under the RICO Act.

He remained on the run for 16 years before being arrested at the age of 81 along with his long-time girlfriend Catherine Greig in June 2011 in Santa Monica, California.

The film will tell Bulger’s story from his youth and incarceration on Alcatraz through to his rise to power as an underworld boss and his secret life as an FBI informant.

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