Pull out the oil dip stick. If it looks like chocolate milk, you have a slight problem.
Still leaking.
I took a towel and jammed it above the filter. Car ran for 30 min. at 1800 rpms.
No leaks on the exhaust. I can't see above the oil filter to see where it is coming from.
I goggled for an IPB on a 1996 Honda V6 Engine, but so far no luck.
Is your oil level on the high side??
Could your car be venting oil.. like too much oil in the crankcase and it's just "releasing some pressure" or extra oil??
Have you ever checked the oil and it's been below the fill line?
Also make sure that an old oil filter gasket didn't stick to the block, two gaskets on top of each other is guaranteed to leak.