For starters, I have a 1994 Johnson 115hp V4. Went to take the boat out tonight & it wouldn't start. Initially thought that I had flooded it, so I removed the fuel line & bled it out. This wasn't the culprit, so I went back to pull the plugs to see how they looked & noticed oil floating on the water. When I tilted the motor, I also noticed a little bit of smoke/steam coming from the propeller area. Pulled the boat out of the water & lowered the engine & noticed more oil coming out by the propeller. Never did get the motor started & didn't want to try anymore after seeing the oil. (I about crapped my pants when I seen this). I am planning on taking it to the dealer tomorrow, but wanted to see what others had to say about it on here. Any idea what the heck happened???