Heat oil in a large nonstick skillet on medium-high heat. Add chicken; season with salt and pepper. Cover; cook 4 minutes on each side or until cooked through. Remove chicken from pan.
Add water or milk and soup to skillet; stir. Bring to boil.
Stir in rice and asparagus. Top with chicken. Sprinkle with cheese and almonds. Cover. Cook on low heat 5 minutes.