One of the great surprises of last year for me turned out to be The Last Exorcism, one of billion found footage horrors we've seen recently but done with far more intelligence than the norm. Starring Patrick Fabian in a magnetic performance as an "exorcist" who bites off more than he can chew when he takes on an all too real case of demonic posession, the film was one of 2010's biggest hits, earning $67M with only a $2M production budget. So yeah, you knew a sequel was coming, right?
HeatVision says that a follow-up is indeed in the works, with Damien Chazelle(Guy and Madeline On a Park Bench) penning the script. I'll be curious to see exactly where a sequel could go, and if Fabian or Ashley Bell return.