Just was in the garage and noticed my 1991 Mercury outboard 40 hp has oil under it. It is leakin from a small rectangular hole on the boat side of the motor. It is directly in line with the screw for gear case oil. There is alo a tiny round hole next to it but dont belive it is coming from it. Before i have it checked was wondering if any one had any ideas for me! It is blab oil not milky oil. Thanks!