Yes, that is the correct procedure.
Personally I deviate from that a little bit. I put the rear cover bolts in finger tight, then about 1/2 turn of each bolt. Then I install and tighten the long bolts from the oil pan to the desired torque. Then I torque the rear cover plate.
The point in the way I do is to make sure that rear cover is completely up against the block before tightening the pan bolts. I always felt that if I tightened the pan bolts first, and the lower part of the rear cover wasn't already compressing the rubber part of the gasket against the block.... It just seems you could end up with a slight oil leak at the lower part of the rear cover. That's not by the book, but that's how I've always done it and it's always worked fine
Personally I deviate from that a little bit. I put the rear cover bolts in finger tight, then about 1/2 turn of each bolt. Then I install and tighten the long bolts from the oil pan to the desired torque. Then I torque the rear cover plate.
The point in the way I do is to make sure that rear cover is completely up against the block before tightening the pan bolts. I always felt that if I tightened the pan bolts first, and the lower part of the rear cover wasn't already compressing the rubber part of the gasket against the block.... It just seems you could end up with a slight oil leak at the lower part of the rear cover. That's not by the book, but that's how I've always done it and it's always worked fine