From SHH:

It’s essentially a teaser which starts off with a glowing green ball and an alien voiceover that says:

“Welcome inhabitants of sector 2814. The Guardians have chosen you as candidates for enlistment but before you can be recruited, you must be tested. The light you see before you is controlled by your will. Focus on the light. If you will it, it will be. Now, focus.”

That ball of green light continues to pulse and get larger and larger before it blasts the screen with a wave of green light.

We then hear Reynolds’ voiceover saying the Green Lantern oath and a quick montage of footage cut together that went by very fast, including a close-up of Reynolds as Hal Jordan, his hand holding the ring, we see him in street clothes being pulled upwards and see a later scene in which he’s taking on criminals by using the ring to form a giant fist that throws a roundhouse punch knocking out a bunch of guys. We get a very brief glimpse of Hector Hammond and Tomar Re. (We presume that the voiceover was Abin Sur, but we’re not sure.)

After the oath is done, we hear the original alien voiceover saying, “The choice has been made.”

The light we saw earlier starts forming into the GL emblem and then we see the logo is “Await Further Contact Summer 2011.” (Hopefully, they’ll show it again so we can catch more since it went by very fast.)

Shooting in Australia would now add $20m to the film’s production costs.

Warner Bros is understood to be preparing to shift its Green Lantern production to Mexico from Australia, where the booming currency has blown out costs.

The latest proposal overrides recent plans to shift the film to the US state of Louisiana (as reported in the October issue of INSIDEFILM) although a final decision has yet to be made.

If the shoot does proceed at Fox Studios Australia it would add more than $US20 million to production costs due to the rising dollar, according to sources.

Apparently Reynolds, who looks the part, screen tested alongside Bradley Cooper and Jared Leto, but the decision between the three proved difficult with director Martin Campbell, producer Donald De Line and the studio each having different favorites.

We previously reported that shooting would begin as early as September this year, it seems this has been pushed back to January 2010, though still planning on maintaining the announced June 17th 2011 release date. The budget hasn’t yet been finalized but is believed to be around $150m, the movie is set to film in Sydney, Australia.

A fan made image

This is fan art created by Josh MC. This is not real, it is fan art!

Thanks Greg!

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Green Lantern now appears to be in direct competition with the big 2011 releases; this move shines the Emerald light between the gaps created by Spider-man 4 and Marvel’s newcomers Thor and Captain America. Summer 2011 looks like quite the superhero overload.

We’d previously commented on the Australian filming location and scouting reports in and around Sydney and New South Wales, but today The Australian confirms the specific Sydney locale. Shooting is expected to begin in November and is expected to take six to nine months, this start date is slightly later than the previously reported mid-September. Pre-production shall begin in July.

THE big-budget movie adaptation of comic superhero Green Lantern will be filmed in Sydney, with production to begin later this year.

The movie, produced by DC Comics and Warner Brothers, will be directed by Martin Campbell, the man behind the 2006 James Bond film Casino Royale.

It is expected to create around 500 jobs in NSW with pre-production to start in July and filming to begin in November at Sydney’s Fox Studios.

The filming is expected to take six to nine months.

“Bringing Green Lantern to NSW is a major coup,” Premier Nathan Rees said when making the announcement at Fox Studios today.

“Films such as this invest heavily in the local economy and the flow-on effects for local services such as transport, construction and the hotel industry.”

The IESB are now reporting a short list of possible actors to play the main role, heading the list is Star Trek star (Captain Kirk), Chris Pine. Jon Hamm, Sam Worthington and Nathan Fillion have also been mentioned. The WB are looking for ‘a man’s man under 30′.

We’ll classify this one as rumor for now, especially as Pine’s agent has declined to comment, however with filming set to begin in September it shouldn’t be too long before we see an official announcement.

Update: @WarnerBrosEnt scheduled to begin filming mid-September in Australia on “Green Lantern”

Greg Berlanti was originally inline to direct, he has since been attached to the movie, “This is where I leave you”, yet remains a strong influence as one of the three writers that penned the screenplay (the others being Marc Guggenheim and Michael Green).