Preheat oven to 375 degrees.
In a 9 inch diameter pie pan, toss shallots with olive oil to coat.
Season with salt and pepper.
Roast shallots until they are deep brown and very tender, stirring occasionally, about 30 minutes.
Boil stock and Port in a large saucepan until reduced to 3 3/4 cups, about 30 minutes.
Whisk in tomato paste.
(Shallots and stock reduction can be made 1 day ahead. Cover separately; chill.) Pat beef dry; sprinkle with thyme, salt and pepper.
In a large roasting pan set over medium heat, saute bacon until golden, about 4 minutes.
Transfer bacon to paper towels to drain.
Add beef to pan; brown on all sides over medium-high heat, about 7 minutes.
Transfer pan to oven; roast beef until meat thermometer inserted into center registers 125 degrees for medium-rare, about 45 minutes.
Transfer beef to platter, tent with foil.
Spoon fat off top of pan drippings in roasting pan.
Place pan over high heat.
Add stock/port mixture and bring to a boil, scraping up any browned bits.
Transfer to a medium saucepan; bring to a simmer.
Mix 3 tablespoons butter and all the flour in a small bowl to form a paste; whisk into stock and simmer until sauce thickens, about 2 minutes.
Whisk in 3 tablespoons butter.
Stir in roasted shallots and reserved bacon.
Season sauce to taste.
Cut beef into 1/2 inch thick slices.
Spoon some sauce over.
Pass remaining sauce.

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Nutrition Facts

Per Serving Per 100 g

Amount Per 1 Serving
Calories	397.45 Kcal (1664 kJ)
Calories from fat	223.88 Kcal
		% Daily Value*
Total Fat	24.88g	38%
Cholesterol	94.07mg	31%
Sodium	391mg	16%
Potassium	592.54mg	13%
Total Carbs	8.26g	3%
Sugars	4.46g	18%
Dietary Fiber	0.52g	2%
Protein	26.3g	53%
Vitamin C	1.4mg	2%
Vitamin A	0.1mg	2%
Iron	1.9mg	11%
Calcium	34.1mg	3%

Amount Per 100 g
Calories	148.82 Kcal (623 kJ)
Calories from fat	83.83 Kcal
		% Daily Value*
Total Fat	9.31g	38%
Cholesterol	35.22mg	31%
Sodium	146.4mg	16%
Potassium	221.87mg	13%
Total Carbs	3.09g	3%
Sugars	1.67g	18%
Dietary Fiber	0.19g	2%
Protein	9.85g	53%
Vitamin C	0.5mg	2%
Iron	0.7mg	11%
Calcium	12.8mg	3%

* Percent Daily Values are based on a 2000 calorie diet. Your daily values may be higher or lower depending on your calorie needs.
Find out how many calories should you eat.

Tastes

salty
savory
bitter
sweet

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