Ubisoft's pirate adventure Skull & Bones is still being worked on, many years after its initial reveal. That was five years ago now though, so how is development holding up? Well, according to Ubisoft CFO Frederick Duguet, things are progressing nicely.

In a recent earnings report, the company's Chief Financial Officer discussed Skull & Bones. Duguet said that development is going well (thanks TheGamer), and that things are on course, as planned.

Ubisoft's CFO also spoke to investors, who naturally, are keen to know more about the title. Dugent went on to say he was "very happy" with the game's progress, which is now under way at developer Ubisoft Singapore.

These comments come despite a lot of development disturbance on Skull & Bones. The game reportedly reached alpha, finally, last summer, before the game's co-director left Ubisoft entirely earlier this year. Time will tell on this one.

Do you think Skull & Bones will ever actually release? Let us know your thoughts below.