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I have many people state that the oil jet is part of the head on a Sandcast, Diecast and K0's. But, I have been removing these for years to be cleaned out properly. They are a well engineered part of the head and come with a strainer on the back and a nipple facing up. If the jet has no nipple, this means that someone had drilled it out before, trying to unblock it. This can cause many problems as the swarf then sits in the strainer or the drill has gone through the whole part. Here is a couple of pics:
You are never too old to learn something new. Dont supose the later jets will fit the early head?