Night Dive Studios, the development studio behind the Turok 2 Remaster, made a post on the official Turok page on Steam. In the post titled “Turok 2 is coming!”, they say they are “well aware of the demand for Turok 2” and that it’s still in development.
They go on to say they started development shortly after finishing work on the first Turok remaster. The most interesting tidbit of the post is, when justifying why the game is taking long to come out, Night Dive says: “Turok 2 is a bigger game, more enemies, more weapons, more locations and most importantly…Turok 2 had Multiplayer.” Taking this as a hint that the new version will have online multiplayer is completely legitimate.
Turok 2 Remaster is coming “when it’s done”.