injection pressure regulator (ipr) could be faulty/ have a leaking o ring. it is located on top of the pump in the aluminum cover.
also how long did you crank it over for? it will take a LOT of cranking to get it started after a hpop replacement, as there is now air in the oil system. when i did mine, i killed the batteries and i had to hook up the charger to continue. try cranking the beast over more.
on my 05 the problem was actually the hp swivel fitting on the output of pump was leaking, i just changed the fitting to the uprgaded ford solid steel fitting and it works great. check your fitting.