Heat the butter in a large skillet over high heat until brown.
Add the shrimp and saute for 2 minutes on each side.
Remove from the skillet and keep warm.
Add the chopped shallot to the skillet and saute for 1 minute over high heat.
Combine the white wine, salt, pepper, parsley and tomato paste, add to the skillet and cook over medium-high heat for about 5 minutes or until reduced slightly and thickened.
Add the cream and thyme and boil for 3 minutes.
Remove from the heat and strain.
Spoon the sauce over a plate, then set the shrimp into the sauce in circle around the plate.
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