RE: Oil pump?
If it's been sitting for a bit, and you start it, it would blow oil out the crankcase breather if the oil pump check valve was bad. If it's not doing that, the check valve should be OK, and the problem is probably in the crankcase. Oil can make its way past the sprocket shaft oil seal into the primary. The primary & tranny share oil. There is also a one-way valve that is supposed to return excess primary oil to the crankcase. If this goes bad, it'll allow crankcase oil to drain into the primary. It's been awhile, but I think I remember this valve being low and just in front of the trapdoor. Might be hard to see with the primary chain, etc. in the way.
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