I have a 1975, 70hsp Johnson motor that has had the lower unit replaced. It was replaced just 3 months ago by a repair service here. Reason the owner had welded the prop retaining nut on for what ever reason and it had to be cut off. I bought the motor after the repairs. <br />I took the boat out and ran it about 5 times and it ran fine.<br />This past Sat. I was getting it ready for winter and hooked up the water and started the motor. After running just a short time I find a dark sludge like oil coming out from around the prop. <br />I called the shop owner and told him what it was doing and he said this was just oil that was not being burned off with the fuel and that it drained off this way. <br />This has been bothering me and I thought I would see what your thought were.<br />Thanks,<br />Rick<br />Hope this was enough info.