Follow the steps in order for the best result.
In a pan, warm the oil over medium heat. Introduce the chopped onion, minced garlic, diced bacon, and sliced mushrooms to the pan. Sauté the mixture until the onion becomes tender and translucent, approximately 8 minutes.
Pour in the dry sherry, allowing it to reduce slightly, intensifying the flavors.
Incorporate the lemon juice, tomato paste, chicken stock powder, and cream into the pan, stirring to combine all the ingredients.
Let the sauce simmer for about 5 minutes, or until it thickens to your preferred consistency, creating a luscious and creamy texture.
Season generously with freshly ground black pepper to enhance the taste. Stir in the chopped fresh parsley and thyme, ensuring the herbs are evenly distributed throughout the sauce.
Serve this delectable sauce over grilled steak or pan-fried chicken breast for an unforgettable culinary experience.