And...I deal with this exact scenario onna daily basis, those are cases that are not documented in this forum.
Engines supposedly "rebuilt 30 years ago and never run, and engines rebuilt last month that have the same condition. But we only hear about/get involved with the problem children that are posted here, the vast majority of these engine builds do not have any valve train lubrication issues whatsoever.
Robert has provided the link ya need to start your education and diagnosis. We have by far the most extensive amount of information regarding the "lifter" (a total misnomer) subject and valve train lubrication regarding the ihc-produced I-4 and sv engines to be found anywhere on the 'net. And that information is continuously being updated when we find new solutions or techniques.
Proper cylinder head assembly/installed valve height is critical on any engine which uses a non-adjustable valve train assembly.
What you have/had is two valves that seized either momentarily or continuously in their respective guides. That in turn allowed their dedicated pushrods to jump out and are most likely bent. Since the engine continued to rotate, the associated lifters jumped out of their bores, when that happened the lifter galleries lost oil pressure/flow...that is a cascade effect. But, it's easily rectified without tearing down the engine or removing the intake manifold/lifter chamber cover.
Once the motor is whole again, then you must do the observation of rocker assembly oiling as described in the link provided, and it must be done for at least a two hour runtime to watch what is going on. A valve May "stick" in five minutes, it May take two hours, but it will stick again unless the issue is resolved by repair.
All parts needed for making this repair are available right here at ihon. Take the time to read through every thread in the "engine tech" sub-forum and you will find the answers.