In a large ovenproof dutch oven, cook bacon until crispy. Remove bacon from grease.
Add EVOO to grease. Turn heat to high. Add ribs and brown on all sides - about 45 seconds per side. Remove ribs.
Turn heat to medium. Add onions and carrots. Cook for 2 minutes. Pour in wine. Bring to a boil and cook for 2 minutes
Add broth, salt and pepper. Taste and add more seasonings if desired. Add ribs, thyme, and rosemary sprigs. Cover and place in a 350 oven for 2 hours. Reduce heat to 325 and coo for an additional 30 - 45 minutes. Let sit for about 30 minutes before serving.