First - determine gas or coolant - smell will tell you
Second - if it is coolant bring the piston to the top of the compression stroke by hand with no spark plug(remove valve cover to insure your not in overlap)
Three - use a compression tester hose and pressurize the cylinder with air while keeping the engine from turning over (in gear brakes on) use up to 100 PSI
Listen and look at the radiator cap or bleed port, if you see or hear bubbles it is likely a head gasket - the strange thing is you would normally see an overheating issue if it is a head gasket. Does this engine have coolant in the intake manifold??
If you have a cylinder leakdown tester it will do the same thing - also good for telling you how rings and valves are sealing.
If it is fuel that could explain your reduced compression, if the raw fuel has washed the oil from the cylinder it will not seal as well as the other three - thereby reducing compression. A quick check, once you've removed the liquid, would be to put a half teaspon of oil into the clinder, turn the engine over with no spark plugs and then run your compression check again. If it comes back near the 155-160 it tells you the valves are all sealing up equally and that the rings are the same with proper lubrication.
Can you smell gas in the oil at all either at the filler or on the dip stick?drew...2006-12-18 14:14:27