I am having an issue my motor. Its a 1992 Mercury XRI EFI 175. Last weekend I carried it out to the lake and upon starting it, it had a awful smoking. It was white smoke. Thought that it was water in the gas, but pulled the fuel filter off and poured it into a jar and there was no seperation. I should also say that it ran for about 10 minutes idling before it quit running. So then I saw a white looking substance coming from the exhaust relief port. Looks like oil mixing with water. I did a compression test and all the compressions were fine. All were between 120-125 psi. So, to me that ruled out a head gasket leak. Motor finally started firing again. Checked the spark plugs and the all looked normal. Could this be that the fuel oil mixture is to lean or does it sound like that one of the injectors be stuck open. At one point, I just fired the engine up just to start it for a second, and it blew fire out of the prop area. To me, that means the motor is getting too much gas and it is not using all of it up in the cylinders. Any thoughts would be greatly appreciated. Please try and help me. At my wits end.