I recently purchased a clean '87 Eliminator with a 260 Merc/Alpha One. I now have some oil leaking from the water drain hole by the gear housing. In reading other threads, I can't determine if this is normal or not. Some theads say there is probably a broken seal. Others say its just oil or fuel draining out and its normal. I recently moved the exhaust to go thru the hull and capped the lower exhaust pipes. I ran it with the muffs for a few minutes just to have a listen to the new exhaust and it hasn't been run since (about 3 weeks). Now I have this little puddle of what appears to be oil. Is this just some kind of oil residue resulting from the exhaust being moved or is this a broken seal that requires attention? Thanks for any help. This is my first boat and i need all the help I can get! Thanks!
Great forum by the way!