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i have a 56 with the original 265 and i got a bit of an oil leak. its coming from the rear of the engine, near the distributor and almost directly behind the solenoid. its a pretty steady stream, leaking only when the engine is running and lasts about a second making a hissing sound and seems to go off every two seconds or so. i cant see exactly where the leak is coming from but the leak is pretty bad and i was wondering if any of you guys might be able to help me out here.