Just changed my laminate Sako stock to a laminate KKC stock - see Brock and Norris thread in this section for pictures. I have a Nightforce scope with large objective so needed the raised comb.
Having spoken with the the stock supplier, Jacksons, they advised using Danish oil. I got some and applied 3 coats as suggested- 20min wait, 20min wait etc. and leave for 24hrs - easy. I got the oil from this guy danish-oil.com who seemed to know his stuff. If your stock is new and clean I don't think you would need to prep it any further, I didn't and i am very happy with the result! You could always call and check with Jacksons as they were very helpful and will probably advise. The application method options are also on the web. When applied the wood grain visually stands out a little better, it is very slightly darker (the oil is clear) it gives a matt sheen but on my stock is not oily to handle. Not sure how the cost stacks up against the other oil. Worth a look as an option!