Instructions

  1. Boil wine along with chicken and beef broths in heavy large saucepan over high heat until it's reduced to 2 cups (~45min to 1 hour).
  2. NOTE: You can be prepare it to this point in advance, and cover and refrigerate.
  3. Mix butter and flour in small bowl.
  4. Heat 1 T olive oil in heavy large skillet over medium-high heat.
  5. Season steaks with salt and pepper and sauté to your taste (4 minutes per side would result in medium rare steaks).
  6. Remove steaks to a plate and keep warm (we put it in our microwave to keep the heat from dissipating) To your skillet, add shallots, garlic and thyme and stir 30 seconds.
  7. Add 1 1/2 c reduced wine mixture to skillet (reserve remainder for another use).
  8. Bring mixture to a boil and scrape up brown bits.
  9. Whisk in butter mixture until the sauce is smooth.
  10. Boil sauce until thick enough to coat spoon, about 2 minutes.
  11. Drizzle sauce over steaks, and serve remainder in a gravy boat.