Sooner or later every person that works on a SBF has this very experience..the oil drive rod is not going into the hole on the distributor shaft.
Look at the bottom of the distributor shaft. Some are beveled where the rod goes into the shaft and others are not. Of course that bevel lets the rod go in rather easily and the one that's not beveled can be a SOB!
Turn the shaft with the proper sized socket just a wee bit[again] and that might do it.
Patience....
Last time that happened to me I gave up....next morning it dropped right in!
