Is that where the oil squirters used to go?
Nope, but close. These blocks had no pre machined lifter lube capabilities, so..... Had to drill a hole in the main gallery down into the lifter bores, you'll notice each screw points to a lifter bore, then the holes facing into the valley had to be plugged, with the screws.
I don't remember exactly how big I made those holes to the lifters. Had to buy a scpecial long bit. Something between 1/16 to 1/8.