Ubisoft Canceled "Oblivion Style" Might and Magic RPG

According to the LinkedIn profile of ex-Ubisoft employee David Fried, Ubisoft worked for a time on a Heroes of Might and Magic title that started as an RTS and evolved into "an Oblivion style RPG" before ultimately being canceled.
Game design and several story passes for unannounced Heroes of Might and Magic game, which began as an RTS and was changed to an Oblivion style RPG before being cancelled.

Thanks, superannuation.