Red Water Description: Louisiana's Black Cove becomes the center of a struggle for survival when off shore oil drillers, a pack of criminals diving for hidden drug money and a vicious bull shark all descend upon the bayou at once. River boatman John Sanderson (Lou Diamond Phillips) squares off against the criminals when they take him and the group of oil drillers hostage, forcing them into the water with the bull shark in order to find their money. Starring: Lou Diamond Phillips (Stark Raving Mad, Courage Under Fire), Rap sensation Coolio, Kristy Swanson (The original Buffy the Vampire Slayer film). Categories that reference this movie: Which are some of the best shark movies?