Indonesian Peanut Chicken

2 cups shredded chicken
2 tbsp extra virgin olive oil
1 medium onion diced
1 small red bell pepper diced
1/3 cup of smooth peanut butter
1/4 cup of chili sauce
1 cup of watersalt
pepper
dash of cayenne pepper
Salted, or unsalted peanuts, for garnish
3 stalks green onion chopped

Heat olive oil in a large skillet until hot. Add onion and red bell pepper to hot skillet, and cook until translucent. Add peanut butter, chili sauce and cayenne pepper. Stir until all combined. Add water slowly, while whisking. Sauce will thicken as it cooks. Season with salt and pepper, to taste. Add chicken to mixture, and heat through. Garnish with chopped peanuts and green onion. Serve with rice!