Geography of Northwest Territories Geography of Northwest Territories The Northwest Territories is a territory in Northern Canada, specifically in Northwestern Canada between Yukon Territory and Nunavut including part of Victoria Island, Melville Island, and other islands on the western Arctic Archipelago. Originally a much wider territory enclosing most of central and northern Canada, the Northwest Territories was created in 1870 from the Hudson's Bay Company's holdings that were sold to Canada from 1869-1870. In addition, Alberta and Saskatchewan were formed from the territory in 1905. In 1999, it was divided again: the eastern portion became the new territory of Nunavut. Yellowknife stands as its
Melville Island (Northwest Territories and Nunavut) deposits. The island was believed to have deposits of coal and oil shale since the first half of the 20th century. The first Canadian Arctic island exploratory well was spudded in 1961 at Winter Harbour. It drilled Lower Paleozoic strata to a total depth of . In the 1970s, the northern portion of the island on the east side of the Sabine Peninsula proved to contain a major gas field, known as Drake Point. The lease was owned by Panarctic Oils, a joint operation with the Canadian Government. Melville Island (Northwest Territories and Nunavut) Melville Island is an uninhabited island