Wash your mushrooms and quarter or slice them. Place the mushrooms, water, and butter flavored coconut oil in a 12 inch skillet.
Bring the water to boil over high heat. Add the salt and pepper to the pan and lower the heat slightly. Maintain a boil (not a simmer) until all the water evaporates, approximately 15 minutes. Stir once or twice during this time as you go about preparing the rest of your meal.
You will hear the mushrooms start to sizzle when all the water has evaporated. When this happens, stir the mushrooms frequently until they are golden brown. Taste and add additional salt or pepper as needed.
Stir in thyme (if using) and serve.
Notes
You can decrease the oil to 1 tbsp, but you might have a little sticking to the pan towards the end.If you make a double batch, the cooking time will double and you don't need to increase the amount of oil.