Marie Bay
Encyclopedia
Marie Bay is a fjord on the Northwest tip of Melville Island.
Marie Bay lies on the part of Melville Island that is in the Northwest Territories
Northwest Territories
The Northwest Territories is a federal territory of Canada.Located in northern Canada, the territory borders Canada's two other territories, Yukon to the west and Nunavut to the east, and three provinces: British Columbia to the southwest, and Alberta and Saskatchewan to the south...

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The Eastern part of the Island is in Nunavut
Nunavut
Nunavut is the largest and newest federal territory of Canada; it was separated officially from the Northwest Territories on April 1, 1999, via the Nunavut Act and the Nunavut Land Claims Agreement Act, though the actual boundaries had been established in 1993...

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Oil sands deposits were found in the Marie Bay region.
The oil sands deposit are estimated to hold 100 to 250 million barrels of oil.
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