I was working on my car today and I noticed some oil around the #4 cylinder exhaust port and between the head. I also noticed some blueish black smoke at high rpm. I have not been able to check the compression yet but i will this weekend when i get home from school. does this sound like a blown head gasket or do you think its somthing else. TIA

 

I had the same problem, but I changed the headgasket, and it stopped. I also had a leaking cam seal, and a leaky valve cover gasket. But its all good now.

 

Sounds to me like a blown headgasket in the early stages.

 

Id agree, headgasket.