In short, yes.
Oil will come out onto your floor for both sides. Also you want to remember that you are 85% sure to also need to replace those engine side cover gaskets, as they almost always tear when removing the covers.
Then again, even if you do drain the oil, oil is still likely to come out of the side covers. That is just the way it is, so plan for it and it will be a non-issue.
peace and grease,
-fang