Drilling for Oil, a U.S. Thoroughbred graded stakes winner who was sent to Peru in July for stallion duty, was found dead after being butchered for his meat, according to the Turf Diario.  

The stallion was reportedly stolen from Hamide Stable Aug. 6 after thieves set other horses free to distract security personnel. His carcass was found three kilometers from the farm.

The farm is owned by Hiad Hamide.

Six-year-old Drilling for Oil raced for Lansdon Robbins III and Bruce Lunsford and was trained by Kenny McPeek. He won the 2007 Louisville Handicap at Churchill Downs and placed in four stakes. He retired with nine wins and placings from 17 races and earnings of $266,756