I picked up some jarred Hearts of Palm at Costco today. I made the recipe below using coconut milk instead of half and half/cream. I added more garlic and some red pepper flakes. The consistency is pretty thick and I could see using this as a component of a casserole.
Next time (since I have a 2nd jar) I may use butter only instead of the combination of butter and olive oil as written. I did drain the hearts of palm before doing the saute step.
I plan on serving this over chicken.