Same thing here...half of the screws holding the access cover over the fuel tanks had stripped and started to leak.
This procedure works well
Product: White or Gray Marine-Tex Epoxy Putty
-Materials: 80-100 grit sandpaper, a drill-bit slightly larger than the original fastener hole, WD-40 or other silicone lubricant, wrench or screwdriver for removal after cure
-Conditions: Minimum 60˚F temperature, 48 hours to fully cure at 60˚F, 24 hours to fully cure at 70˚F
Drill a slightly oversized hole, slightly shorter than the new fastener, to remove any soft or deteriorated material. Clean debris from the hole. Apply a little penetrating oil or a silicone spray (like WD-40) to the new fastener to act as a release agent; wipe off excess film.
Mix Marine-Tex White or Gray and fill the hole 3/4ths deep. Apply a small amount of Marine Tex to the fastener, being sure to fill in around the threads. With a slight twisting motion, insert the fastener in to the hole and allow the epoxy to cure for the full 24 hours. Marine-Tex will have the threads cast into it, and the fastener can be backed out if necessary. A wrench or a screwdriver with a little extra elbow grease may be needed the very first time the re-inserted fastener is removed since it will stick the first time it is backed out.