I have an '87 OMC Cobra outdrive. I was just drainging the oil and unfortunately it looks a bit milky. I know that means water. The other thing I noticed was a significant amount of black sludge on the end of the fill screw. Does the black sludge help confirm water in the oil, or does it show that something else might be wrong?
Does the black sludge on the fill screw possibly show that the water is entering at that location?
Does the black sludge on the fill screw possibly show that the water is entering at that location?