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I would try to avoid the heat and go for the 'socket' first.
If the forend is removed you could heat the end of the butt-bolt where it comes thru the butt-socket, but personally I'd be wary of overheating it and the backend of the action before the heat actually got up the bolt to the top of the bolt, as the wood would act as a heat sink.
I had considered suggesting putting a blow torch 'down the butt-bolt hole' to burn off the penetrating fluid and maybe 'scorch the wood a bit', but I think that would be the last resort.
Go for the brute force method.
I agree. Also carefully heat. I use one of my plumbing torches with turbo tip when heating up a screw or bolt to get it to loosen. Usually just enough to break up any rust.