Directions
1. Place the filets on a flat surface and pat with a paper towel to dry them. Sprinkle both sides of the filets with salt and press the black pepper onto the meat, so it sticks well. Rest the steaks at room temperature for at least 15 minutes.
2. In a large saute pan over medium-high heat, 1 ½ tbsp of butter and the olive oil. Allow to heat until the butter has almost completely melted and the olive oil has a shimmer on the surface.
3. Return the steaks to the pan. Reduce the heat to medium. Saute for 4 minutes on the first side, followed by 3 minutes on the other to achieve medium rare. Plate the steaks and cover well with aluminum foil to continue cooking through residual heat.
4. Save 1 tbsp. of dripping and add the rest to the pan. Add shallots to the pan and cook over medium heat for about 2 minutes. Add broth and cook for an additional 4 minutes on high heat. The broth should reduce by half. While it is reducing, use your spoon to break loose the tasty bits that are on the bottom of the pan.
5. Carefully add the Cognac to the pan. It can momentarily burst into flames when the alcohol meets the heat. Cook for another 90 seconds. Turn off the heat. Add in the remaining butter with a ½ tsp salt.
6. Serve the steaks with sauce drizzled over the top.
Side Dish Recommendations
This recipe is excellent served with roasted potatoes with melted blue cheese or au gratin potatoes. A great side vegetable is asparagus sauteed in butter with salt and pepper.