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It's well known that one page of a script equals approx. one minute of screen time. Ya.
-oddguy
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Sorry but, that's not true dude. It depends on how big the pages are, how many words on each page, how fast the dialogue sentences are being read, and how much text is spent on describing scenes, lighting, camera positioning, etc. If it was 300+ pages of PURE dialogue then it might well be like, 7 hours of film. But a directors' script doesn't work like that.
Take the Lord of the Rings for example. The books are huge, with well over 100 pages each, but Tolkein spends a lot of his time on describing the landscapes and surroundings, as well as the happenings, thus the films weren't much longer than 2 hours max.