I'm not quite sure about how laminates differ from homogenous wood but believe principles might still apply.
Whiskering. By product of sanding impacts wood particles down into the poors below the surface of the wood. The wood feels extremely smooth after sanding. When you apply any type of liquid, the wood fiber / wood swells somewhat, the impacted danding fibers will "stand up" above the surface of the wood (hence whisker analogy). This will create a very rough surface that will make it very difficult to get a smooth finish when applying oil, you will not have that glass like finish and depth.
Method. 1. use distilled water, wet a clean rag. lightly and quickly rub the surface of the wood with the wet rag. immediately use a hair dryer and rapidly go over the wood, it will dry befor you eyes. This process should only take 1 minute or so. The "whiskers" will pop up and will be dramitically visible, rough to the touch. use 3/0 steel wool and smooth the wood 9actually cuts whiskers back to level of wood.
Repeat several times until you can't raise any more.
Filling in the pores.
After 1,2 sealing coats the wood will look terrible with many "pits" and gaping pores. These need to be filled. Their are two basic methods, the wet sanding is the preffered.
method: Start with 320 wet/dry paper. apply oil of choice to paper and wood, do a section at a time, don't get ahead, don't want oil soaking in, running etc. Sand as you would normally working the oil in. After several seconds the oil will start to turn to a slurry as the grit cuts into the wood and releases wood particles. you may have to refreshen the paper if it gets gummy too quick . Notice the "brown" oil laden with sanding particles. The wood surfcae will appear coated and smudged with this "slurry". Use a clean lint free rag and lightly wipe against the grain 9opposite of sanding). This will remove the excess slurry and level the pores with the slurry. let dry overnight, 2 days etc. use 3/0 steel wool to lightly sand down the wood, careful not to be too agressive and remove the filled pores. repeat this several time until you do not see visible open pores. At this point you will be amazed at the underlying potential of the wood starting to shape up.
Start applying your "top coats"
Good luck
Mirage