Freeze Plug

<center><img src="http://img.photobucket.com/albums/v355/gtipunk96/DSC_6860.jpg"></center><p>****!!!!

2.8 30v...

The engine was fully rebuilt, started and ran fine briefly. The car was moved outside the garage (started a 2nd time) and "milkshake" started pouring out. The P.O. got pissed and fed up and pushed the car outside and left it.....until I came along.

The car will start and run, but oil and coolant PUMPS out like a fire hose. I tore it down today and found that it is coming out of a hole located above the crank pulley....what is this hole?

Freeze Plug

<center><img src="http://img.photobucket.com/albums/v355/gtipunk96/DSC_6857.jpg"></center><p>creamy....

4Rings::G2 boosted::

nice login

Freeze Plug

could it be a missing freeze plug perhaps?

4Rings::G2 boosted::

sure looks like it to me

77'911

<center><img src="http://i25.tinypic.com/24oomq9.jpg"></center><p>Looks like at a minimum, your missing one of the bolts for the upper oil sump cover, Was the metal gasket replaced with a new one? Most or all the hardware that hold that cover down are only torqued to 10Nm(7ft lbs.). You might consider stripping it back a little further.
The pic I put should give you a better idea of what the cover is like when most of the stuff around it is stripped away. Notice the bolt.

77'911

<center><img src="http://i30.tinypic.com/34gm1rm.jpg"></center><p>I believe the bolt that is missing on your car is a collar bolt, torqued to 30Nm(22ft lbs.)