In most cases, the leaks arise because the head gasket is too thin to seal the gap at the pushrod tunnels. The Bullet barrel has a "spigot" on top, which is basically an extension of the barrel liner, and it sticks up about 1/4" above the top srface of the barrel. The spigot is supposed to seat into a round recess in the head, and this seals compression. Oil is sealed when the head is torqued on to the barrel, and crushes the head gasket. If the spigot is a little too tall, it holds the head from coming down far enough to crush the head gasket, and it leaks. No amount of torqing can cure that.
The prescribed method is to remove the head, remove the head gasket, push the head back down on the spigot, and measure the head gasket gap between the head and barrel with some automotive feeler gauges. The gap should be .025". If it is more, then turn down the spigot on a lathe until a gap of .025" is achieved. Use the OEM copper sandwich gasket, torque to 20 ft-lbs, and it will be permanently solved. Any replacement of head or barrel will require this fitting process once, when the replacement is installed.
In some circumstances, over-torquing may have warped the mating surfaces of the head or barrel. Check them for flatness, and correct if necessary. This should be done prior to machining the spigot because machining the flat surfaces will change the gasket gap. Then machine the spigot afterwards to get the .025" gasket gap.