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Re: oil issue?
It's a rebuilt engine, right? Sometimes, rebuilders do not chase or blow-out all the oil passages, so debris might have accumulated there which is blocking oil flow.
You may have to remove the oil filter and lifters, and blow the whiz out of all the oil lines with compressed air. Also, check the lifters to make sure they are not full of debris, too.
Finally, I do seem to recall some lifters have their oil filler holes in the wrong place. The lifters are the correct size and will fit in the bores, but are not compatible with your block.
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