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Are you sure the oil is from the body O-ring and not the dist shaft. The dist shaft can leak between the shaft and housing.
With the dist out did you clean the bore in the cylinder of any debris? The O-ring would be metric but nothing special. A well stocked auto parts or hardware store may have one that is larger in cross section.
If you can mark the exact location of the dist adjustment when installed, clean every thing up to remove the oil then apply high temp silicone seal or form in place gasket material to the dist housing when reinstalling it. Install the dist in the exact location so you do not need to move it for timing. Let the seal cure over night before starting.
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