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oil leak/gasket?

  MK2 PH2 & E46 330
noticed my car was leaking some sort of oil when i left it park for a while. had a friend look at it who seems to think its the gasket?

i know very little about cars mechanically.

would this make sense?

im gna check the oil level tomorrow morning anyways.
  172 cup'd extreme
check the area where the sump and the bottom end meet there is a rubber gasket in there that perrishes.
check the sump plug for signs of leakage
also check the gearbox , around the selector rod and between the joints may leak
thats the same gasket that edde was referring to. The rocker gasket going is a very common problem on these engines. Pretty straightforward job and doesn't take very long.