While this COULD have been oil related, it is my belief that camshafts and camshaft lifters have been made from inferior materials in the last 10 years, especially for the small block Chevy. For about $160, I see a lot of "rebuild" kits that include the pistons, rings, bearings, lifters, camshaft and gaskets for the Chevy 350. You cannot make me believe that all these parts are good, old, American made quality parts. I also know that a lot of camshaft manufacturers buy blanks from questionable sources and just grind them to their own specs and since they cannot check the quality from start to finish, the end result has come back to bite them in the butt.
Then it's real easy to put the blame on the manufacturer of the oil. JMO.