I worked on the oil drain for the large HT4B turbo. The cheapest easy solution I could come up with was to buy a threaded 45* drain from Source Automotive for $13.
I wasn't able to find a cheap 3/4" punch, so I bought a 12" length of 3/4" all thread to build my own punch.
Here's a picture of the brace/drain for the HT4B.
Couple of oil pan pictures.
I used a small sharpened finish nail set to start the hole.
Then I moved on to the all thread derived punch.
The all thread punch wasn't quite large enough so I ended up adding a bead of weld around it and then ground it to a taper to make the hole large enough.
I tapered the threads a little to make it easier to start threading into the punched hole, it dry fit pretty snug and tight, took me about an hour of beating on the pan with my home made punch to get the hole size just right.
Then I mixed up some JB weld and coated the threads to help permanently lock in the drain and help it form a good seal.
And here is a shot from above, you'll notice it just barely has enough length to clear the edge of the block & oil pan.