That's very mysterious. There's no oil where that bolt goes- just coolant. If you don't see bubbles in the coolant when it's running, then it can't be exhaust slobber/head gasket leak, right???
I'd try sealing the bolt threads after cleaning out the hole. Permatex gasket maker would be my first choice, though it would need 24 hrs before use. Even though I can't understand how oil (!!!) is coming out of the threads.
You might get an answer by pulling the head, the next time that is needed.
Best Wishes,
Bruce