Here is the way I learned from a well known smith in CT.
Heat the oil until it is almost uncomfortable to handle.
heat the stock as well. Slop on the aklcanet root until
the entire stock is covered and hang it in a dry area for a day. the wood will absorb the oil and become dry in some areas. Repeat the process until the wood won't soak up anymore. Then rub it off with whatever means you prefer. The wood will be an even toned warm reddish color and the grain will be darker. let it dry for a week and apply the finish.