I have a 230 with a 194 oil pan in my Nova. In the rear of the pan I can tell you there is not much clearance. Someone on mine used the pan to hold the rear of the engine while pulling the transmission and made the #6 rod tap the pan... I thought I had a rod bearing going out. Could not see a dent from the outside of the pan. If the 292 has a bigger swing??.. I dought the crank would clear.... but I do not know for sure.
Clyde