no
wp has fixed packed in grease, ball bearings. (no path to engine oil side, at all)
when you first dismantled this engine. did it have antifreeze in it.?
i suspect this engine has freeze damage.
up where you live, engine inspections are non trivial.
and last owner could have lived way farther up North.
if in fact this is true below?:
engine dry of coolant, (pull water pump, look right into engine block.)
exhibit a:
http://carfix.stufftoread.com/t-belt/tbelt3w.jpg
see that greenstuff in WP hole, that is bottom of water jacket.
if you pour oil into engine and it comes out here , like a river.
then the HEAD is cracked big time. (like finger hole size crack)
there is no easy path here. any parts that are suspected of cracks must be tested
or exchanged. which ever is cheaper.?
i say it is freeze damaged but only you can discover that thru proper inpections.
there are huge web sites that go in to this detail , even with videos.
it is all hard work.