Here's a trick I use all the time to remove siezed in studs and even pipe plugs. With a really hot flame from your tourch, heat the stud to a cherry red as fast as possible and let cool for 5 or 10 minutes. The stud will almost fall out. The trick is the get the stud to cherry red as fast as possible so the heat can't soak into the base material. When the stud cools down from a cheery red (or hotter) the molecular structure shrinks. On the down side you can only do this once, it'll only shrink once. After that drilling will be a real problem because the stud will be harder than most drill bits.