It is a metric 6 mm thread, so you would use a 6mm helicoil. The helicoil kit will tell you what size drill bit. Some kits come with the drill bit.
If there is clearance issues with the drill you could get these.
http://img820.imageshack.us/img820/4075/jt7j.jpg
I have a full set of these from 1/16 to 1/4. Being alloy they would work with a quarter drive socket, or in a drill with the extensions in the bottom of picture.

