Chainsaws

I have a Husqvarna 450, bought it a year ago and used it quite a bit in the fall. After a long winter nap I just got it out and fired it up. I let it run until it was hot and the chain was lubed well. After I shut it off and put it down I noticed that it left oil under the left side of the saw. When I picked it up and looked at the bottom of the saw I saw oil running out of a hole in the handle? Does this make sense?