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Combine the soy sauce, oyster sauce, peanut butter and crused red pepper in a small bowl; set aside.
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Rinse the beans and place in a microwave safe dish, cover and cook until crisp tender; approximately 3 to 5 minutes depending on the wattage of your microwave.
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Remove beans from microwave, rinse in cool water and allow to drain while preparing the sauce.
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In a skillet or wok, heat the 1 teaspoon oil add the minced shallot and grated gingerroot.
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Cook the shallot and ginger for 2 minutes and then add the soy sauce mixture; stirring until the peanut butter is melted and the sauce is smooth.
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If using a natural peanut butter, it may be necessary to add a tablespoon or so of water to the pan to aid in making the sauce smooth and creamy.
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Once the sauce is thoroughly combined, stir in beans and warm in sauce.
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Prior to serving sprinkle with chopped cilantro and peanuts if desired.