In a large heavy bottomed pan, heat the olive oil on medium high.
Chop the bacon and add it to the oil when hot. Cook for 1 1/2 minutes.
Slice the mushrooms and add them to the pan with the bacon. Cook for 1 1/2 minutes.
Mince the shallot and garlic, then add them to the pan. Cook an additional 1 1/2 minutes.
Salt the chicken on both sides, then place skin side down in the pan. Sear the skin for 3 minutes until it releases from the pan then Turn the chicken over and lower the heat to medium.
Add 1 cup of chicken broth, and the red wine.
Bring to a boil, then cover and cook for 20 minutes.