The oil sender is located in the oil filter housing facing toward the rear of the engine.
DO NOT use brass fittings to adapt the sending unit. You will need a 12mmx1.5 to 1/8" adapter fitting, steel preferred. About $8-10 from most hydraulic suppliers. And get a remote stainless AN line to remote mount the sender away from the engine block. You can get this from most racing supply houses such as summit racing. About $25
I have had 2 brass fittings fail, one on a brand new M42 I had built for a customer. Luckily he was in a parking lot when it happened and I had to drive out to him to repair. The M42 is a very vibration prone engine, even if the fitting doesn't break it can damage the sending unit. I had another M42 I built and installed a oil pressure gauge, sending unit failed within only a few miles from vibration on the sending unit. Probably a quality issue with the sending unit, but I for now on just remote mount all oil pressure sending units. Not worth a failure.
Here are some pics of my M20 setup as a example. I used a rubber lined steel clamp to mount it to the firewall.

