eazi outs are a cunt, but if you drill the centre of the screw out nice and central, and big enough so the screw is basically a shell it should do the biz, if it all goes to shit id be inclined to helicoil it
centre punch the screw and drill it a bit then check to make sure it central if its not punch it some more or work the drill over, dont just keep drilling if its offset, will be much more successful if the hole is central
gl