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Cut meat into bite sized pieces. Add the olive oil and 1 tbsp of butter to a medium sized frying pan. Sear the beef on all sides and then remove to a large saucepan. Do the beef in batches so that the meat will not be steamed, but seared. |
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After the beef has been seared, add the onions and garlic to the same pan, with the remaining butter and cook over medium-low heat until the onions are soft and golden (about 7 minutes). Remove to the large saucepan. |
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Add the mushrooms to the same frying pan and cook until the water has been released. Carefully lift out the mushrooms and add to the saucepan. |
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Add the beef broth, chili sauce, salt and pepper to the sauce pan. Cook covered over medium heat for 20 - 30 minutes or until the meat is tender and the sauce is starting to thicken. Mix the cornstarch with the water and add to the mixture. Cook uncovered for 5 minutes. |
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Add the sour cream to the mixture and cook on medium high heat, stirring frequently. The sauce will thicken. |