First, let me say there's an excellent video on diagnosing Land Rover engine oil leaks on the Internet. They show an expert mechanic telling a young woman 4x4 driver what to look for and giving step-by-step instructions and diagnostics. See my further post, after Huddy84's reply.
Ok, a bit of history: At the time Land Rover built the 2.5 N/A engine, a silicone sealing compound was used (not a gasket) but, ironically, in those days, the available sealing compounds were not totally resistant to oil. As a result, over time, oil leaks from the sump pan are inevitable. I guess this is why it's said that all Land Rovers leak oil. But they don't have to. They can be made totally leak free.
Fortunately, in 2017, you can buy sealing compounds that are resistant to oil. WURTH RTV Silicone Sealant is recommended by the prestige Land Rover restorers.
As others have stated, what looks like an oil leak from the sump pan may actually be oil running down from a leak higher up in the engine. In my case, I had a leak from the rocker cover as well as the original sealant on the sump pan having been degraded by 20 years of oil contact on material that wasn't totally resistant to oil.
Looking to choices between fitting a gasket or a 2017 specification sealant, I chose to use flexible RTV sump sealant over an aftermarket gasket. My rationale was that although the gasket would be easier to fit, the sump pan is somewhat exposed to striking rocks or ground when driving off road, and I wanted a seal that would have some flex to enable it to remain sealed if the sump pan got bashed. Gaskets are relatively thin material, so require everything to be nipped up nice and tight; a couple of bolt heads sheared on a rock would jeopardize a gasket's oil integrity, while a flexible material bonded to both sump pan and bottom end would likely retain its integrity well enough to get me home. The army still use sump sealant and my 1987 Ex-Military Ninety has survived 20 years' "active service" in extreme off road conditions -- including operations in the 1st Gulf War -- with its original sealant only weaping, so sealant it was.
I chose what is said to be the best quality brand for this critical repair: WURTH flexible black RTV Silicone Sealant, which comes in an aerosol-powered can, and (being aerosol) is extremely easy to apply without any special tools.
Procedure: drain all engine oil. Remove sump pan. Scrape old sealant from sump pan and bottom of engine with Stanley knife blades. Clean ALL oil off and around contact surfaces (else silicone won't stick!). Apply 8mm bead of sealant to channel around edges sump pan, GOING AROUND OUTSIDES OF BOLT HOLES; as is obvious when you think about it. Offer up sump pan to engine and hold, lightly, in place with 4 bolts. Gently screw in those 4 bolts until the sealant just contacts the bottom of the engine. Loosely insert the other bolts. Using a similar procedure to tightening down a cylinder head, gently nip up opposite pairs of bolts going around the sump pan, but Do NOT fully tighten. You want it to be tight, but NOT fully tight. LEAVE FOR AT LEAST 24 HOURS. Let me say that again: LEAVE FOR 24 HOURS! This allows the silicone sealant to air cure. Then you can fully torque up those sump bolts (only around 6 ft/lbs if memory serves me). Ideally, leave things for 48 hours, before refitting the engine oil, but 24 hours is the recommended absolute minimum curing time.
Job done. I've not had any oil loss from my 1987 B19 N/A sump since doing this job.
It's an easy (if oily) job. Try to find that video, and don't forget your Landy will be unavailable for 24-48 hours while the sealant fully cures,
Rick