Heat it up; let it cool; repeat a few times. Eventually the expansion and contraction will break the bond and you'll be able to unscrew it with your fingers.
If you can, as noted above, file the thread so you've 2 flat surfaces, then use grips. If you have to drill, you've probably ruined the nut, which you say you want to keep.
Best releasing oil ever - 50/50 ATF and Acetone. So nail polish remover and ATF. Leave it to soak for an hour (only needs a few drops), then unwind with ease.