Both shafts are right, it depends on what type of rocker arm you are going to use. The oil holes should direct the oil where it's needed, and on a stamped steel rocker you don't need oil squirting off to the side, like for an adjustable rocker arm that may have a hole there to direct oil to the pushrod tips and valve stems. The pushrods and valve tips get splash oiled from what collects and dribbles off the open sides of the rocker. Not so on a mech rocker as there's nothing there to catch and direct the oil. A mech rocker arm shaft used with a stamped steel rocker would have that side hole uncovered and spraying oil on the sides of the valve cover. A hydraulic rocker shaft used with a mech rocker arm might burn out the lash adjuster screw, pushrod cups and valve tips due to lack of oil.