ive recently purchased a new boat which runs a 2001 70hp 2stroke johnson motor.. i took it out for a sea trial and everything seemed to be runnin ok, good starting plenty of power up on the plane no problems untill the oil alarm sounded. knocked it back to neutral and checked the oil container. it did seem a bit low so i topped it right up. started it up again,oil alarm stayed off and had no more incidents that day...following day went out again same thing happened after about 20 min of runnin..i thought this motors really eating the oil so i checked the oil container again..but the container was still full. i did notice that the engine was smoking quite a bit(blue smoke)took the boat home and flushed out with fresh water and now the alarm keeps coming on after about 5 minutes of running....anyone have any ideas as to what this might be? is it possible to disconnect the oil container and pre-mix my own fuel? motor seems to be running ok and is not over heating