Likely not what you want to hear, but here goes: if you can't get the damned thing off, take consolation in knowing that you can always order another assembly and bolt (relatively easy find on Ebay, junkyard) and carefully smash the one you've got on it to get it off. Yes, this sucks. Yes, this is a last resort. But changing oil without changing the filter is like taking a shit and not wiping your ass (or at least that's what my Brit bike friend told me once). You're gonna need to change it. I resorted to this once, it sucks, but I haven't had the problem (or any others) with the bike since. When was the last time it was changed, do you know?
What does the head of that bolt look like? Can you post a photo?