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Heat the olive oil in a large skillet over medium heat. Once hot, add the rice and stir continuously until it begins to brown slightly, ensuring it does not burn. Add the chopped onion and garlic into the skillet, sauté on medium low heat until the onion is translucent. (add the cumin and cilantro at this time?)
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Pour the chicken broth and tomato sauce into the skillet with the rice. Stir thoroughly until well mixed. Bring the mixture to a brisk boil, then allow it to boil for 2 minutes.
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Reduce heat to low, cover the skillet and let the rice simmer for 20 minutes, until the liquid is absorbed and the rice is tender.
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In another large skillet melt the butter over medium-high heat. Add the sliced steak to the skillet, seasoning generously with Montreal steak seasoning. Cook the steak, stirring occasionally, until reaches desired level of doneness. Remove the steak from the skillet.
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Once the rice is cooked, turn off the heat but keep the lid on the skillet. Keep the rice covered for an additional 10 minutes.
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To serve, fluff the rice gently with a fork and arrange on a serving platter. Layer the cooked steak over the rice, then drizzle with White Queso over steak and rice.