If you make sure that the two pieces of wood mate really well, the layer of epoxy will be thin and not really show up at all. Oak is not that porous compared to some other woods so it should not soak it up and produce a hardened layer. I would avoid using grease since it may affect the ability of the epoxy (or any other adhesive) to set properly. You could use masking tape on the sharpened edge and the spine. If the mating surface is wide enough, say over 1/2 inch, then don't put any on the inside 1/8 inch or so. You do not want or need to have so much epoxy that you have gobs of it squishing out when you clamp it. Just a thin layer on both pieces will be enough. Warming the wood with a heatgun will help you spread the epoxy thinly and evenly. Putting on too much WILL give you the thick, hard to finish layer of epoxy that Pendetive is concerned about.
Why put the knife between the two halves when gluing them together? If you are going to finish the scabbard afterwards, make the two pieces a bit longer and put some bolts or screws through them, at the point end and at the throat end, to align them. This would also hold the pieces together, without the need for clamps, while you work on them. You could then glue it after shaping the outside. This would allow you to check the thickness of the wood as you shape the outside.
Hope that helps.
Phil