Also--it could be the engine oil draining down into the sump. My K9 does that. It doesn't hurt anything as best I can tell, but when the hot engine is shut off, the oil can drain down into the sump. But I don't like it that your oil light came on and you weren't able to top off the oil tank. Did you add a lot?
In order to get an accurate check on your engine oil level, you have to run the bike to full operating temperature (15-20 minutes), then shut it off and check the oil immediately, before It can drain into the sump. Alternately you might drain the engine oil from the tank and then take out the sump plug (that Allen head under the engine) to drain the sump, and then you can measure how many quarts of oil are in the engine.
As Eric says, if more than a quart comes out of the primary, that's damn sure more than you put in..... So if your transmission is full, it's the crank seal leaking engine oil. And backwards or forwards, it shouldn't be able to leak that much.... It occurs to me you wouldn't even have to drain the primary...just take off the inspection plate and see what happens....
Please do keep us posted as to what you find...this is interesting.....
1) I pulled inspection cover off primary and used a suction tube to take oil sample. It is primary oil and is not overfilled. So I think this rules out a blown crank seal.
2) Transmission oil is also fine and not diluted or low.
3) Crankcase oil screen clear - no blockages
My bike has never drained oil into the sump before while sitting. There has always been oil in the filler tube to indicate the oil level whether hot or cold.
I have no oil in the filler tube and know I have put in about a half quart or more. Im very ocd on checking my oil so I know it did not run low from use. Something here is amiss. May be an oil pump failure - not sure. Bike has less than 12k miles.
I'm reluctant to pour any more oil in as I don't want to over-pressure the crankcase and screw something else up.
1) Would installing a oil pressure gauge at this point possibly tell me that I have an oil pump issue?
2) Would draining the crank sump and oil tank really tell me anything?
3) My oil light is blinking and oil does not seem to be returning to the oil tank - is this telling me I have a pump problem?
If there is an easy way to check my oil pump please chime in...
Thanks guys for your feedback every-little bit helps!