Maha Energy AB engages in the exploration, development, and production of oil and natural gas. It operates through the United States of America (USA) and Corporate geographical segments. The USA segment includes oil and gas activities in the Illinois Basin and LAK Field. The Corporate segment is composed of the costs incurred at the company;s corporate office in Sweden and the support office in Brazil. The company was founded on January 23, 2013 and is headquartered in Stockholm, Sweden.