Yes- - - -the pump drives off the bottom of the distributor, which is approximately at the middle of the passenger's side of the engine. The late 55 to 62 235s had a similar bulge in the pan rail to clear the Melling M-45 oil pump, but the GMC offset is a bit larger. I believe the vertical position of the pump can be made to clear the Chevy block, and more clearance can be built into the oil pan sheet metal.
Jerry