I went fishing in a no wake zone, so the day was limited to trolling. The next morning, I noticed a sizeable puddle of honey colored fluid on the floor of my garage. It was coming from the exhaust port. I've used this engine a few times before without issue, but have never only trolled. I thought it was lower unit oil, so I drained it. There was a lot of water and black sludge, but nothing the same color as the oil on my floor. I also didn't see any seals on the screws that I took out. What I'm hoping is that the last guy didn't use seals when they replaced the oil and my water problem could go away if I put in seals when I replace the lower unit oil. That would keep me from tearing into the lower unit. But then what is the oil coming out the exhaust? Should I try replacing the seals on the drain/vent screws, go out and run at normal speeds and then come in and see if 1) I get oil on the floor again and 2) is there water in the lower unit oil? I really hate to tear into the lower unit if not needed.