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It's your timing cover seal , after sitting up for so long it has lost it's seal after about a week it of normal driving it should stop..If not replace it or have it replaced.
and the knock maybe where your lifters have lost thier prime,
after sitting that long you should change the oil then again in a 1000 miles, that should help clean things up.
Good luck...
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WARNING:Wastegates,Blowoff Valves,and Boost Controllers can cause unforseen urges to crap your pants.
93 Nissan Hardbody**SOLD**
03 White SpecV(GONE)
Now 06 Mustang GT
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