Looks like a double-sump Fox body pan, except for the side mounted dipstick fitting.
Had the same issue on a friend's Bronco with a Ford Racing high-volume pump. What I did was take a ball-pein hammer and put the pan on a soft pad. A bead bag would be best of course, but all I had at the time was a handy front lawn and moving pad. Worked great though!
Put a mark around the general area I had to deepen and just started going to town on it. It really didn't take much force to deform the pan, and I worked it for about 5 minutes or so (well, maybe 10) and checked it now and then until I had the extra size I needed.
It wasn't pretty, because I didn't take the time to smooth out the little "peins" from the hammer hits. But it worked, and did not distort the pan rail seal area at all.
Paul