Paul Dano will star opposite Daniel Day-Lewis in Paul Thomas Anderson's drama THERE WILL BE BLOOD, says The Hollywood Reporter.

In the turn-of-the-century period piece, which Anderson is shrouding in secrecy, the "Little Miss Sunshine" actor will play a gifted, charismatic young preacher who captivates churchgoers.

Day-Lewis portrays a tycoon who strikes it rich after gaining oil rights to a family's ranch, turning the small town where Dano's character preaches into a boomtown. The film is loosely based on Upton Sinclair's 1927 novel "Oil!"

In addition to THERE WILL BE BLOOD, Dano's upcoming projects include Spike Jonze's adaptation of Maurice Sendak's classic children's novel "Where the Wild Things Are" for Warner Bros. Pictures. For the film, Dano will be shot on digital video to portray a monster, with his movements and voice used as the model for a live-action puppet.