If the hg had failed internally, there would be water in the oil and Mayo ON THE DIP STICK. Ignore mayo on the filler cap, that's purely a sign of short journeys and the engine not getting quite hot enough to warm the extended filler neck which sits in colder air. To disprove that symptom, remove the filler neck and fit the oil cap in its place. No more mayo. The neck is there purely to aid filling of the v6 engine on rear wheel drive applications.
If the hg has failed externally then the compression test would read normally.
You need to pressure test the cooling system to find the water leak, having tested the hbv with engine running with ac on hi and then on low, or vice versa, while getting a hand on it to feel for (hot) water.
Oil leak, likely cam cover gaskets. There is very little chance of oil leaking from the hg, with only one oil way on the high side of the v, so that would be evident from the pressure test if done with plenum and inlet manifold etc removed.
IMO, ignore the hg concerns, and concentrate on the individual symptoms of oil and water loss. Certainly get in touch with Guffer to get eyes on.
