Yep. Oak lends a nice complexity to the beer. However, I think you will want to let it sit more than a week. I'd suggest two weeks. Alternatively, how long does a keg last you? Consider putting the oak right into the keg.
Brody's Brew House
Primary: American Pale Ale, Coffee Porter(
Seconary: Don't use one, generally
Planned: Either a brown ale or a Scottish Strong Ale
"For a quart of ale is a dish for a king." - Shakespeare