Ben Affleck and Matt Damon

Hollywood pals Ben Affleck and Matt Damon are writing their first screenplay together since 1997 hit Good Will Hunting.

They were unknowns when they wrote and starred in the critically lauded movie, which won them an Academy Award for Best Screenplay in 1998.

Since their success they have mostly gone their separate ways, starring in blockbusters Armageddon and the Bourne movies.

They are currently enjoying a joint vacation with their families in Hawaii--but are finally keen to team-up again.

Damon's spokesperson tells the New York Daily News, "That's their plan. Whether or not they are doing it right now, I don't know."