Best bet will be to degrease everything - then check back in a couple of days to try and trace the oil leak upwards from underneath. Obviously the gravity brings it down to the lowest point (that bolt) and often wind rushing under the car blows it back across everything.
Unfortunately, I've had a similar leak and it was the rear main seal.
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2005 3.0d Sport - Sapphire Black
Engine : Bluefin Superchip Tune,
Wheels & Sus: Style 168s (10.5s all round), H&R RDA Spacers, Bilstein B12, Eibach 40mm drop, Whiteline RSB
Exterior: Le Mans flares, 4.6is kit F&R
Interior: Dynavin N6, Blackvue DR650 dash cams
My Build Thread: http://www.xoutpost.com/bmw-sav-foru...run-sheet.html
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