futurestang

I know its not a mustang, but I need some help. My roomate has a 1991 honda accord with like 215,xxx miles on it and he called me today because it died. He said it made a "POP" noise. Opened the hood and noticed oil and the header cover thingy. Pulled two plugs and alot of oil . Took plugs out two of them. Oil is on one of them. Crank the car and put my hand over the hole and oil shoots out on my hand??? So is this a cracked block or does this mean the rings are shot??? It wouldnt start either just turned over??? Could the oil have been from it leaking into the chamber then blowing out whe he turned it? Thanx for any help

kash