When it happened to me it was a real eye-opener. I couldn't figure for the life of me where the oil was coming from. It would emerge on about the 3rd fin halfway between the rocker box gasket and the head gasket. So it couldn't be either one of those. I thought it was the pucks and since I had the APE frame rail kit I replaced those, to no avail.
I finally on a whim looked in between the fins with a flashlight while it was running and could actually see oil drops forming and dripping off the botttom of the the stud holes. So that answered the question. But I had lots of other issues too, and shortly after that it got parked, so I never fixed it.
However, my current project is nearing completion and I know more now.