Oil shooting out of your dipstick can't be a good thing. it's coming out the breather as well. knocking noise from the lower end at 40mph accompanies this.
Been there, (couple of weeks ago) Next Summer my Mach will be faster better stonger, for low, low monthly payments
sounds about like me 2 years ago. turned into not just an engine rebuild for me. Got the whole car taken apart. With a brand new handbuilt interior just about finished up. and a nice 347 stroker on the engine stand.