I just 3 days ago, bought this 1995 boat with a 1996 V6 150HP mariner XL, serial # OG925511. The engine has 334 hours and the boat was either kept on a lift or a trailer No bottom paint, and we live on the west coast of FL. I bought the boat from an RV boat dealer who'd just taken it in on trade. <br /><br />We did a brief sea trial and I trailered it home, bottom painted it, and launched it to bring to my dock. This is about a mile at idle. All ok so far. I next did a about a 20 minute idle speed canal tour through our addition, when a an intermittant bing, bing, bing, bing alarm started to sound. I noticed the heat guage reading was ok and no red lights were showing. I had a water stream from the engine, even though the water pressure guage was reading right at zero at idle, but would come up to 5-10 with more throttle. <br /><br />Having no owner's manual, I had no way to interpret this alarm. From several old posts here, I think this is an oil alarm, not an overheat alarm, and I checked the oil reservoir and topped it off even though it was about half full, and from another old here, I discovered that the engine has a tank in addition to the remote reservoir. I found and checked this tank which was full, and I started the engine, cracked the cap and let a bit of oil bleed out as an old post instructed.<br /><br />What next? I get a test beep, beep, beep, when I turn on the key, the engine starts fine but the alarm comes on immediately, even with a cold engine. If I kick the throttle up to 1000 rpms or so the alternator kicks in ok, I get a nice water stream and movement on the water pressure guage.<br /><br />Is what I'm describing an oil alarm, and is the engine oiling ok if the engine tank is full, regardless of what the alarm is doing---or is this related somehow to the low water pressure? <br /><br />I'm hoping to download or purchase an owner's manual if/when I can get through to Merc Marine, and probably a service manual as well, but could sure use help in the meantime, understanding what this alarm is, and if I should be worried about water pressure.<br /><br />Thanks, Steve