This is a typical activity for visitors to our wood now... All you need is a saw (chainsaw or bow saw), side axe and draw knife. You could omit the draw knife if you don't mind a lumpy handle on the mallet...
Rather than try and explain it all in words, it's easier to watch a 3min video I made... http://www.youtube.com/watch?v=PwdoQxPY39U
