With the information you have given it sounds serious possibly fatal more information would help but with oil and water leaking it could be any thing from a blown gasket to a warped cylinder head Sorry could not be more help
Testimonial: "we were driving and it just stopped, we towed it home, now we cant start it again"
SOURCE: Troubleshooting overheating problems in 1997 Toyota Corolla?
Ok first check the water pump and if that is ok sounds like the head gasket blown, look for water in the oi, thisl will be like a milky colour
SOURCE: car overheating and leaking water
this leaking is either from the radiator or the water pump , to check the water pump grab the polly and rock it back and forth there should be no movment if its moved then you should replace the water pump and also you could hear a noise coming from the pump
SOURCE: overheating quickly and leaking water under the hood
Check and see the water pump or possible bad termostat..check the termostat first, less expensive..also check and see if there are any leaks from the radiator hoses..
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