Brand new Bravo 3x never splashed or run - Oil leak?

I've taken the bottom off. The ring was in place but loose. I assume it sits in the recess just proud of the mating surfaces. Tried to fit the new ring but it kept springing out as it is marginally larger than the old one. Is that to be expected? Thanks
 
Yeh its kind of square section sits slightly proud often glued in with what looks like bellows adhesive I usually just fit them dry or sit in a smear of silicon gasket.
Have you determined the source of the leak?
 
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