Combine the water, liquid smoke, Worcestershire sauce, and 1 tablespoon of barbecue sauce in a sauce pan; bring to a simmer.

Remove the sauce pan from the heat and add the peanuts, stir to coat, allow to stand for 30 minutes.

Drain off the liquid and spread on a parchment lined baking sheet.

Bake in a 250°F oven for 1 hour.

Add the roasted nuts to a mixing bowl.

Combine melted butter with the remaining barbecue sauce then add it to the mixing bowl and toss to combine with the nuts.

Season with garlic powder, a pinch of salt and cayenne (or Creole seasoning) then toss to combine.

Spread the nuts on a paper towel lined baking sheet to drain. Let stand about 15 minutes then transfer to a serving dish.