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Instructions. 1  PREHEAT oven to 250F. Place steaks on a rack over a baking sheet. 2  Rub with 1 tbsp oil and season with salt and pepper. 3  Roast steaks in the centre of the oven for about 20 minutes for medium-rare. Remove from oven. HEAT oil in a medium skillet over high heat. Add steaks and sear until deep brown and crisp, about 3 minutes a side. Hold the steak on their sides and cook the edges for 1 min per side. Remove to rack and let rest for 10 min.
Of course, the time spent in the oven depends on the thickness of the steak (the thicker the steak, the longer cooking time it will require) and your desired level of doneness (after 6 minutes, the steak is probably still medium-rare; after 8 minutes, it's about medium).lip the steak and cook for an additional 1-2 minutes over high heat. You won't need as much time on the second side of the steak because it will continue to develop color (from contact with the bottom of the pan) in the oven. 4.