Yes. Remove the distributor cap and rotor.
Mark the distributor housing viz-a-viz the head and disconnect the hall effect sensor plug and remove the distributor from the head. Replace the two O rings you can see, one big one and one little one (there's a third one you can't see but it's inside the distributor and requires disassembly of the distributor), lube the O rings and the aluminum casting with your choice of antiseize, and reinstall the distributor, hall sensor plug, and cap and rotor.
The leak should be substantially reduced if not eliminated.
Further, you might consider checking/cleaning/replacing the PCV elbow going to the oil/vapor separator. If you haven't personally cleaned it, chances are it's plugged. It's a plastic elbow with a little nipple on the outside...it's generally in the 1/2" hose from the compressor outlet tube to the intercooler that goes across the cam cover and down to the vapor separator. There's a smallish vacuum hose from the intake manifold that goes to this elbow. Also check the vaccum line and nipple at the intake manifold for plugging. If this system is plugged you won't get positive crankcase ventilation...oil life is radically reduced and crankcase pressure is generally relieved through the cam seals if not the engine main seals.
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