Check that the rocker cover breather to the intake plenum isnt blocked. I have found that somtimes when people do 4age conversions and have been given a rwd plenum that they have FWD throttle bodies on them, these block of the pvc valve on the rwd plenum as it is reversed. This can cause a type of blow by as the crank pressure builds up and is forced to go threw the pistons rings and out threw the combustion chamber.
Best way to fix this is to get a catch can.
Valve stem seals. Your valve stem seals could be old and hard and leaking oil into the combustion chamber
Blow by. You could have bad rings and the oil is getting threw the rings into the combustion chamber. Sometimes you can check this by taking the rocker cover hose of and looking at the air pressure coming out, if its clear , that is good, if its a little hazzy, abit of blow by. This is created from the fuel vapour.
Then you have blow headgasket, but oil with blow gaskets on 4age's I havent scene much of, its usually just water galleries that blow it most of the time.