Update: It seems that news of Mass Effect's next release was a little premature.

It appears that this news regarding the next installment of BioWare's Mass Effect series was inaccurate. Gamer Syndrome updated their story to say, "The information provided previously by the author of this post was deemed to be obtained from an inaccurate source and NOT an official  Bioware or EA interview response." Gamer Syndrome apologized for the inconvenience, but we'd still love to hear about the next Mass Effect game, BioWare!

Original Story: Full development on BioWare's next Mass Effect game only just started a month or so ago, but it sounds like the studio is already aiming for a Late 2014 to mid-2015 release. Are you feeling patient?

While talking to Gamer Syndrome, Mass Effect 3 producer Mike Gamble said that the next Mass Effect game would be coming in, "Late 2014 to mid-2015. I honestly can't tell you an exact because full development on the game started a month or two ago."

Gamble also stated, "BioWare Montreal is a great studio and they did fantastic with the multiplayer for Mass Effect 3, so fans should know the series is in good hands. The game isn’t far along in development so I can’t comment on specifics because they isn’t any yet, Frostbite 2 is a really good game engine that we are also using on Dragon Age 3...You’ll hear more about the new Mass Effect game [next year] in 2013."

We'd love to hear more specifics, but since they just started working on the game, we'll take these crumbs.

[Source: Joystiq, Update via Penny Arcade]