There is another body of water named Moose Lake, 65 km NW of Fort McKay.

It was in good beaver country and within easy reach of Fort George 56 km (35 mi) to the south on the North Saskatchewan.

The major inflow is the Thinlake River, which enters the westernmost point of the lake in Franchere Bay, and the major outflow is the Mooselake River which exits the lake through the northern shore of Franchere Bay.

[5] Most of the shoreline development is on the eastern shores of Vezeau Bay and Bonnyville Beach, comprising several unincorporated communities including Pelican Narrows.

There is a yearly Walleye tournament in the lake that speaks to the abundance of recreational fishing.