JV, virtually all replacement bolt necks (like this Moses, or Warmoth, etc.) have undrilled heels: There's just no way to know the exact pattern of whatever guitar they'll end up on, so you use the body's neck holes as the pattern to drill the new neck.
Interestingly, Moses specs regular HSS drill bits (typically the same thing most hardware stores sell, nothing special). If you do this, it might not be a bad idea to take it to a trusted guitar tech, as this is one of those 'measure twice, cut once' situations.
Do this wrong and the strings will be off to one side or the other, and fixing that ain't easy: You just can't glue dowel rods in the wrongly placed holes and start over in graphite as you could in a wood neck. I love Moses' warning that 'should you drill too deeply and the drill bit comes through the fingerboard (!), your warranty is void'. Really . . . . . .
I've only played Steinbergers and Modulus axes that were graphite, and the stuff is so stiff and the resulting resonance is at such high frequencies, they often play the same all the way up the neck, no dead spots, no random wood resonances like you see on a lot of basses with that often dead/muted B on the D string up the neck.
J o e y