Is it for 750?
I think there is only one way the oil travels. It comes from the engine under this plate, the hole next to your thumb diverts it to the cooler, than the oil comes back through the other hole - filters through the cartridge and into the hollow bolt and back to the engine.
I say it is usable as long as the O ring seals on the engine block and your oil filter housing seals on this adapter.
I assume the bolt in the picture is hollow and will accept the original oil filter bolt?