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The sauce takes about 5 minutes to make while the steak rests, so have everything measured and ready.
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Lightly salt and pepper the steak. Bring to room temperature before cooking if it has been refrigerated.
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Heat oil in skillet on stove top until shimmering and then add steak. Cook to your desired preference and set aside.
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Leave all bits and remaining oil in the skillet. Reduce the heat and add red onion. Sauté until onion is nicely browned and fragrant.
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Add stock and reduce by about half.
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Next add remaining ingredients: wine, brandy, cream, peppercorns and thyme, stirring continuously with each addition.
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Simmer and reduce by about half again, until sauce is the consistency of mushroom soup. There should be almost exactly ½ cup (128 gr) of sauce ready to serve.
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Adjust seasoning with salt and pepper and serve drizzled over steak.
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We like the sauce so much; we also drizzle it over fresh baguette.