You don't specifiy the year of your Versys, but for the 2007 and 2008 models, the service manual shows three drain hoses.
The coolant overflow drain tube is on the right side of the bike (as you are sitting on it) towards the front of the engine, basically right below the radiator.
On the left side of the bike, by the kickstand are the fuel tank overflow tube and the air cleaner drain tube. The air cleaner drain tube is the one with a plug. There may be some oil in the air cleaner drain tube, per the MOM, pg 111, you should drain that and replug.
Hope this helps.
"I've always been crazy, but it's kept me from going insane." Waylon Jennings