115HP OMC Overheating! Please Help!

garroplane

Recruit
Joined
Jun 1, 2009
Messages
1
Hello All,

I have recently purchased a used boat that has sat for 2 years. 1992 Sunbird Eurosport with a 115 OMC V4. After spending almost $700 at the local Marina for them to go thru it and run ready I am having an overheating issue. I have recently just replaced the water pump and both thermostats
(which were stuck open) as well as relief valves. I am still having an overheat alarm after bout 1/2 hour of running. I have noticed that one side of the heads is hotter then the other. Also after burning thru two tanks of gas my oil resevoir has only gone down about half way. Is that normal? I am stumped on this overheating problem and dont know where to go from here any suggestions would be very appreciated. Also when running the alarm is blaring and when I stop and turn off the key it stops and when I turn the key back on but not running the alarm is very,,,very faint,,barely noticeable. No loss of power noticed at all. The hotter of the 2 cylinders compression is 110 and 115 and the cooler cylinder compressions is 120 and 125. Could it be a bad head Gasket?
 
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