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Very nice example! You need to email Dick Gorz who runs the Oliver Cyber Museum. http://www.pfs-ware.com/ He was an actual Oliver Trained Tech Rep and knows more than anyone about them, a super nice guy. He recently sold his parts inventory off to someone by the name of Dan, I believe his website is: http://oliveroutboardfixation.com/
I have the previous year Challenger to yours, the Five 1/2. I’m sure you have seen the two Youtube videos I did about it, if not here are the links:
Video #1
https://www.youtube.com/watch?v=gVJoLAn1Xfg
Video #2
https://www.youtube.com/watch?v=Q768-B9SGpY
You better take a look at the coils, these motor use the Bendix Scintilla magnetos and those original coils have a 100% failure rate. Better change them now before they conk out and leave you stranded at the farthest point from the dock.