You need to update your sig. Bummer on the 4905.
OK, having resurrected many stored engines (longest sat from 1979 to 2007), here's how I do it: (It should go without saying this is an extremely messy procedure. Figure on 2 50lb bags of Speedy Dry, several buckets, and most of a roll of blue shop towels.)
Pull all belts & the spark plugs. Drain and flush cooling system about six times. Totally bypass fuel system--feed out of a gas can or something similar. Drain old oil, fill TO THE TOP with engine oil cut with ~10-15% MMO or Liquid Wrench (you want, minimum, the cam submerged). Pull the valve cover & drizzle oil on the entire valvetrain (I try to fill the engine this way). Fill all cylinders to the top with a 50/50 mix of Dexron or MMO and Liquid Wrench. Let it soak overnight (2-3 days is better). Drain the crankcase (think: laundry tub)--be prepared for the nastiest, rustiest glop you've ever seen. replace valve cover. Fill with normal amount of oil (I like 15W-40 diesel oil for this part). Turn the engine SLOWLY with a wrench on the crank bolt. Clean up the MMO/Liquid Wrench that went everywhere because you turned too fast. Crank it half a dozen times with the starter to clear the cylinders.
Pull the distributor & spin the oil pump with a drill until you have good oil pressure--hand crank the engine at least 4 times while you do this. Replace plugs, refill coolant, and crank it up! (It will smoke a few minutes until the oil burns out of the cylinders.) Hold it at 2000-2500RPM for at least 10-15 minutes so you don't wipe the cam. Change oil after an hour or so of running, and the first 500 miles or so.
This method has freed up a siezed-solid Ford MDT 361 that subsequently wound up 25,000 miles without a hiccup.