Got a 1999 Evinrude 9.9 HP ling shaft used as a kicker for a sailboat. Its got a strange issue where its full of this oily snot like looking substance, basically what you get when you mix gear oil with water and shake it up. It isn't a small amount either, its layer on the entire exhaust system and drip out the prop. My initial thought was a seal in the lower unit had failed but no water in the gear oil and no visible leaks. All of the "snot" is in the exhaust passage none near the input shaft or output shaft, it coats it all the way up to the power head. This one has me stumped has anyone had a problem like this before?

