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Well its time for an update. Roadworthy and ipz2222 was spot on The spring in the relief valve was damaged and not working properly. I didn't end up replacing the oil pump but it was damaged but fixable. So after some honing deep scratches and a new spring I have 64 p.s.i. Thank you to the...

Thank you for taking the time to reply. I will look into all of those things But for less than $200 aud I will be replacing the pump as I have to pull the front off the motor anyway.

Hi, I think from memory it has between 200 and 300 hours. Its at the farm about 200km away so I can't just go to the shed and look sorry. UPDATE... It shows 264 hours on the clock but being a 40 plus years old tractor seems a little wrong to me.

Hi guys, I brought a L1500DT with the bucket, grate little tractor however I noticed the oil light coming on. First thing I did was put a mechanical gauge on it. The gauge shows about 7 p.s.i at 1800 r.p.m @ operating temp. Pulled the timing cover off to check the cam plug. Plug still in place...