My engine was rebuilt by Metric about 20 years ago. About 20K miles on it since then. After I got it back the first time, and it was stored the first winter, there was alarming leakage of all fluids under the car.
I remarked about this to the late Frank Cozza (of MBCA fame) and he said, "Don't worry about it. They all do that. Always will when in storage. Once you get the car out in the spring, and drive it around, all will be well."
Sure enough, that's what I did, and Frank was right.
Since the rebuild the engine has only had Mobil 1 in it. The present formulation for older engines (with the extra ZDDP) is Mobil-1 15W-50 with 1200ppm phosphorus, and 1300ppm zinc. It's not easy to find, but on occasion it's on sale at Wal-Mart in 5-quart jugs.