Yeah, she goes exactly where the Old Oil Pressure Switch is.
Should be a simple matter of removing the Old one, using a little bit of loctite on the new Oil Pressure sensor, so as you dont get any Oil Leaks, and fitting it in place !
P.S. How much did the Oil Pressure sensor cost you ?
Ive got a friend whom had his EF engine replaced with an EL, and everything is sweet, with exception that the EL has a Pressure switch, not a pressure sensor !