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Beef Stew in Red Wine Sauce

Beef Stew in Red Wine Sauce was pinched from <a href="http://www.foodandwine.com/recipes/beef-stew-in-red-wine-sauce" target="_blank">www.foodandwine.com.</a>
INGREDIENTS
2 pounds beef from the flatiron part of the shoulder
1 tablespoon butter
2 tablespoons olive oil
Salt
Pepper
1 cup finely chopped onion
1 tablespoon finely chopped garlic
1 tablespoon flour
1 bottle of red wine
2 bay leaves
1 sprig fresh thyme
15 cipollini or pearl onions
15 cremini mushrooms
15 baby carrots
5-ounce piece of pancetta
1/4 cup water
Dash of sugar
Chopped fresh parsley
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