Its a check engine light !!!Help Please

I got a 2001 cougar 2.0L 5spd and the check engine light just came on. I went to autozone and got the codes read. The code it through was p1383- Variable cam Timing over retarded (Bank 1) also it said Iginition Sys. or Misfire. I had my valve cover gasket leaking the last couple of days and it was in the chamber of my plug wires. I cleaned out the oil best i could without pulling the plugs and it quit leaking but today it started throwing this code and now i have no compression or go after 4 grand in any gear. Could this be a bad spark plug due to the oil leak. the car doesnt run any different except theres now really no go above 4000. Please help.

I just read there was a tsb on the focus svt same year for same code. does any body have the tsb on this and could copy or send me the file via email so i can show my dealer this tsb so i can make them fix it. I have only had the car for maybe 8 days. this is bull. I shouldnt have to fix this. Can anyone please help. Its a tote the note place so i need the tsb to prove to them its there problem not mine.

With a little more research the tsb is

03-15-14 AUG 03 Engine - MIL ON/Variable Cam Timing DTC's Set

Does anyone have access to this tsb so i can read it. Also i should be able to take it to ford and they will fix this right?

well i called ford and they want a $100 to just see what the problem is. Can anyone Help???