So a few issues.
1) If the stem seals are leaking then it allows oil into the inlet or exhaust track, not the combustion chamber
2) The test you describe checks how well the valves are sealed against the seats......except it doesn't!. Because you are using a thick liquid such as oil it wont search out the leaks, you need something thin and searching e.g. brake fluid or similar(not water though as it has a 'skin')

Stem seal diagnosis is very much about observation of the exhaust during certain conditions. Mainly looking for short periods of blue smoke following either periods of rest (engine not running)during starting/initial running or during extended periods with the thottle closed (e.g. following idling or periods of coasting) where the inlet vaccum is high and oil can be pulled through the guide.
Only other way to determine it is via direct examination of the seals (at which point you might as well replace them anyway).

So in this case, given the symptoms described, I would be looking at stem seal replacement