Hi.<br /><br />Last winter we forgot to take the bung plug out of our 77 fiberform 18' runabout. This would have been our second season with this boat, it was great last year. The boat spent the winter on its trailer. Even though the boat was covered, the water in the boat was up to about the bottom of the harmonic balancer of the 350 v8. The aft ~6 feet of the boat were under a few inches of water above the floor. I'm not too worried about the engine at this point, it doesn't look like the water made it into the engine, but the starter and a few other things were part submerged and are no doubt ruined.<br /><br />Anyway...<br /><br />What are the chances the boat is waterlogged? Do all boats have foam in them? I took a hole saw and drilled just to the side of the engine under a fuel tank. I only drilled deep enough to remove a circle of the fiberglass to see the plywood. The plywood felt damp. Should I drill all the way through the plywood floor to see what's under there? Now that I am looing back there, there are a few assorted un-used holes in the floor of the engine compartment where previous owners had things bolted down, these holes were not plugged and were submerged.<br /><br />On a possibly related note, we have found about 4 small holes in the outside of the hull on the bottom of the boat. The holes look to be perfectly round as if drilled, not from damage. They are approx 3/16" in diameter. There appears to be a brown "goo" very slowly dripping out of the holes, leaving streaks on the boat. We aren't sure if the holes were always there or not, they would have been very hard to see without the "goo streaks." I assume holes in the hull of a boat are not supposed to be there. <br /><br />Where should I start looking? Should I just get it running, take it out and see how it runs? I'm reluctant to pour several hundred $$$ into the engine if the boat could be ruined. Should I plug those holes in the bottom or leave them open a little longer and see how much will drain from them?<br /><br />Thanks in advance for your help.<br /><br />Pat