Combine all remaining ingredients in a saucepan. Simmer over low heat for 10 minutes or until butter is melted.
Pour mixture over the shrimp and mix to coat shrimp.
Cover and refrigerate for at least 2-3 hours, stirring occasionally. This step marinades the shrimp.
Preheat oven to 300 degrees. Bake the shrimp for 30 minutes or until shrimp are pink.
NOTE: This recipe is great for dinner parties since you complete all steps except baking until just before serving. Let's you enjoy your company.____For shell on shrimp I usually plan on 3/4 pound per person when serving shrimp as main entree.