Rinse, clean and slice the mushrooms. Set aside.
Place olive oil and butter in the skillet and turn it up to medium-high. Wait for 30 seconds.
Add shallot and cook for 1 minute or until fragrant.
Place sliced mushrooms in the skillet (if the skillet is dry add more oil). Cook for 3-4 minutes or until golden.
Add garlic and cook for 30 seconds or until fragrant.
Add flour and stir constantly for ~30 seconds.
Add beef broth, thyme, rosemary, salt, pepper and stir.
Turn down the heat to medium and cook for addtional 6-8 minutes or until the sauce has thickened to your preference.