I go with the idea that there's a race, the Sea Ponies ...

... who were ancient allies of the other Three Kinds, ...

Shoop-bee-doo. Shoop-shoop-bee-doo.
Call upon the Sea Ponies, when you're in distress.
Helpful as can be ponies. Simply signal S-O-S.
If you find you're past the drift and haven't got an oar (oar).
Count upon the Sea Ponies, they'll see you to shore.
Shoop-bee-doo. Shoop-shoop-bee-doo.

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