Wolves 3 (Keogh 45, 90, Ebanks-Blake 67-pen)
Queens Park Rangers 3 (Buzsaky 28, Blackstock-pen 49, Leigertwood 79)
Three times Wolves came from behind to share the spoils with Queens Park Rangers. Andy Keogh's second strike of the game came in the fifth minute of stoppage time to give Mick McCarthy's men the point.
Had Keogh's last gasp effort not gone in, it would have been harsh to the extreme on Wolves who had dominated in an entertaining contest during which both teams benefited from controversial penalty awards.
There were two changes to the team that had come from behind to beat Scunthorpe - one enforced with Rob Edwards coming into central defence in place of stomach bug victim Darren Ward, and the other seeing Matt Jarvis retaining his place after he had come on as an early substitute for Darren Potter in the midweek game.
The visitors kicked-off attacking the North Bank end and the first real chance came in the fourth minute when Fitz Hall beat Keogh to Sylvan Ebanks-Blake's cross to clear at the expense of a corner.
Before the flag kick could be taken the referee's attention was brought to Edwards who was lying in obvious pain just outside the home box. The defender was carried off with an ankle injury to be replaced by Jody Craddock.
Jarvis went on a probing run from deep inside his own half before slipping a pass to Ebanks-Blake whose cross was headed wide at the near post by Keogh.
Mikele Leigertwood was afforded the space to the right of Wayne Hennessey's goal to get in a low shot that flew narrowly wide of the far post.
But, in the 28th minute, Rangers moved ahead after the home defence missed several chances of clearing the ball before Akos Buzsaky ran in to drill a low 20-yard drive to Hennessey's right.
There was an almost immediate response from Wanderers when Ebanks-Blake and Seyi Olofinjana carved out an opportunity for Keogh who fired wide from the right of the Rangers goal.
The Londoners then made a change with former Wolves junior Gavin Mahon coming on in place of R's skipper Martin Rowlands.
With 35 minutes gone Ebanks-Blake's header was fumbled by Lee Camp and when the Wolves striker regained possession he had the ball taken off his foot by Buzsaky before he could get a follow up shot in.
Jarvis fired into the side netting after he connected with a deflected cross from Keogh before Wolves drew level in the 44th minute.
Michael Gray crossed from the right and Keogh was there at the back post to bury a header into the far corner of the net.
Half-Time: Wolves 1 QPR 1
Sleet and then snow greeted the teams at the start of the new half before Wolves were hit, once again, by a highly contentious penalty decision.
Rangers were awarded a free-kick on the right-hand corner of the Wolves' area and Buzsaky's free-kick appeared to hit the chest of Neill Collins.
The referee immediately gave the penalty and an incensed Collins was booked for dissent before Dexter Blackstock sent Hennessey the wrong way from the spot.
Two minutes later Blackstock almost gave QPR a two goal cushion but his volley flew just inches over the bar before Camp made a good stop from Ebanks-Blake who had run onto Olofinjana's through pass.
Ebanks-Blake was fouled in the centre circle by Michael Mancienne but the referee waved play on as Keogh raced clear only to be dispossessed by Hall as he was about to shoot. When the ball next went out of play, Mancienne went into the book.
Both sides then made changes with Zesh Rehman coming on for Rangers in place of Matthew Connolly and, for Wolves, Freddy Eastwood for Gray.
Camp made a double stop when he pushed out an Ebanks-Blake drive and blocked Olofinjana's follow-up before Jarvis went into the book for a challenge on Buzsaky.
Wolves drew level in the 65th minute after another harsh penalty decision. Jarvis went down under a tackle from Mancienne that looked to be outside the box when it was made. Ebanks-Blake made no mistake drilling the spot kick home to level matters.
George Elokobi fired in a cross from the left that flew across the face of goal before Camp made a superb reaction save to block from Karl Henry who had connected Jarvis's low cross.
Another Jarvis centre was a fraction too far in front of Ebanks-Blake and Eastwood, then Leigertwood stunned Molineux by volleying home from just outside the area after latching onto Craddock's headed clearance with just 11 minutes left.
Blackstock was yellow carded for tripping Keogh before Kevin Kyle was sent on in the dying minutes in place of Kevin Foley.
There were five minutes of added time during which Camp got down low to save Eastwood's free-kick before a frenetic piece of goalmouth action saw Wolves pulling deservedly level with literally seconds remaining.
Keogh pushed a pass forward to Ebanks-Blake who turned and fired in a shot the Camp parried. The striker quickly regained possession and his second effort struck the post bouncing out to Olofinjana who tried to bundle the ball home only for Blackstock to clear off the line.
The ball ran to Eastwood on the edge of the box and he rode two tackles before sliding a pass to Keogh whose angled shot went just inside the far post to give Wolves the point.
Wolves: Hennessey, Foley (Kyle 87), Elokobi, Henry (capt), R. Edwards (Craddock 6), Collins, Jarvis, Keogh, Ebanks-Blake, Olofinjana, Gray (Eastwood 60).
Unused subs: Gibson, Stack.
Bookings: Collins (48 - dissent), Jarvis (64 - foul).
QPR: Camp, Delaney, Mancienne, Blackstock, Buzsaky, Connolly (Rehman 60), Agyemang, Vine, Hall, Leigertwood, Rowlands (capt) (Mahon 32).
Unused subs: Ainsworth, Pickens, Balanta.
Bookings: Mancienne (58 - foul), Delaney (72 - unsporting behaviour), Blackstock (83 - foul).
Referee: C. Oliver.
Attendance: 24,290.
Goldrush Lucky 4 Half-Time Draw v Queens Park Rangers: 8 - 9 - 12 - 18.
