Yep, spin the oil pump with the drill, I use a 3/8" rod ground on the end to fit the pump, mimic the tang on the distributor.
While running the oil pump also turn the crankshaft by hand at the same time, this assures you get oil in all the drilled passages in the crank and to the rods.
IF you like you can install the distributor and then without spark plugs in crank it over with the starter a few times, looking to see you get oil pressure. Then put the plugs in and give it a try.
Once started don't expect it to idle, best to run it around 1,000 rpm (more than an idle, but not really fast)for the first few minutes , as it will be stiff.
Grigg