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1
Preheat the oven to 325.
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2
Season the lamb with salt and pepper.
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3
In a large roasting pan set over 2 burners, heat 1/4 cup of the olive oil until shimmering.
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4
Add the lamb and brown it over moderate heat on 4 sides, about 7 minutes per side.
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5
Transfer the lamb to a large plate and pour off the fat from the roasting pan.
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6
Return the lamb to the roasting pan.
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7
Add the white wine and water and bring to a boil.
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8
Add the rosemary, thyme, marjoram and sage sprigs.
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9
Cover the lamb with parchment paper, then cover the pan with foil.
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10
Braise the lamb in the oven for 2 1/2 hours, or until very tender, turning it halfway through.
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11
Transfer the lamb to a cutting board and cover it with foil.
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12
Pour the braising liquid into a large saucepan and skim off the fat.
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13
Boil over high heat, skimming occasionally, until reduced to 4 cups, about 30 minutes.
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14
Meanwhile, in a medium saucepan, boil the red wine over high heat until reduced to 2/3 cup, about 7 minutes.
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15
Strain the reduced lamb-braising liquid into the red wine reduction.
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16
Add the remaining 2 tablespoons of the olive oil and boil over high heat until reduced to 2 1/2 cups, 10 to 15 minutes.
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17
Season with salt and pepper.
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18
Cut the strings from the lamb roast and discard.
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19
Slice the lamb 1/2 inch thick and transfer to plates.
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20
Ladle the jus over the lamb and serve right away.