Little Chicago Prospect

The Little Chicago Prospect is an oil and natural gas deposit on the Mackenzie River in the Sahtu Region of the Northwest Territories, Canada. For census purposes Statistics Canada shows it being located in the unorganized part of Region 2, [Northwest Territories], and as of the 2021 census, its population was 0, unchanged from 2016.
The closest populated community is Fort Good Hope, about to the southeast, and it is situated northwest of Yellowknife, the capital of Northwest Territories, and away from Ottawa, the capital of Canada.

Petroleum resources

In 2007, Kodiak Energy completed a survey of the petroleum resources along the Mackenzie River in the Little Chicago area and concluded that there could be up to 1 billion barrels of oil and up to 600 billion cubic feet of natural gas. The project was a part of the planned Mackenzie Valley Pipeline that was scrapped in 2017.