Yes indeed there is a problem in that hole, but 240 is not really critically bad. If the engine is not sucking too much oil, starting and running okay, I would just drive it awhile.

BTW, when doing a leak down test there is no need to squirt oil in the cylinders. You simply listen for the source of the leakage. If you hear hissing from tailpipe, it is an exhaust valve. If you hear it through the air cleaner it is an intake valve. If you hear it through the oil cap, it is rings or cylinder related.

Good luck,