HEAT butter and olive oil in a large skillet over medium –high heat. Add turkey and cook, breaking up with a wooden spoon for 7-8 minutes. Add celery, poultry seasoning, cayenne pepper, salt and pepper and continue to cook for 2-3 minutes or until evenly browned. Remove from the heat and set aside.
MIX mayonnaise, egg, green onion and rice together in a large bowl. Add turkey mixture and stir to combine. Cover and chill for at least 1 hour.
SHAPE croquettes by placing a ¼ cup (60 mL) of the mixture in the palm of your hand and shaping into a 3” (7.5 cm) log. Place breadcrumbs in a shallow bowl and dredge each log in the crumbs.
HEAT oil into a large skillet set over medium-high heat. The oil should reach about 1” (2.5 cm) up the inside of the skillet. Fry croquettes in hot oil until golden brown, about 2-3 minutes per side.
SERVE with cranberry sauce.