Final update - Ran the splitter for three hours today. NO sign of anymore leaking. I guess it really was just the seal. WEIRD because the seal I replaced looked fine (very snug, still pliable, no nicks/cracks), but it was obvious it had been leaking pretty heavily in it's former life. I still don't understand how it could have ever leaked given the vacuum in the cranckcase and gravity pulling the oil DOWN.
Thanks again and sorry for the "false alarm"