Oil pressure won't cause a dip stick to shoot out. But excessive crank case pressure will. And it will cause leaks at other areas.
You need to make sure the PCV system is operating correctly. If it's not the crank case will build up pressure. If is it flowing then I'd guess some new rings are in your future.
You need to make sure the PCV system is operating correctly. If it's not the crank case will build up pressure. If is it flowing then I'd guess some new rings are in your future.