Wolves took the lead in the 28th minute after Grant Ward was adjudged to have brought down Ibrahim Keita, David Moli converted the spot kick.
Nabil Bentaleb levelled from the spot in the 70th minute after Shaq Coulthirst was brought down by Flatt.
John reported: “I thought we played really well in the first half, dominated, created as many chances in a game as we’ve created all season, but their goalkeeper was outstanding and produced a number of exceptional saves.
“We then got caught on the counter-attack and gave away a penalty which they converted for 1-0 at half-time.
“We didn’t have as much control in the second half but I was pleased with how we persevered and got the equaliser, Shaq was outstanding and was brought down by the goalkeeper and Nabil converted the penalty.
“It wasn’t all one-way traffic in the second half, Luke McGee was forced into a couple of fine saves and we did well to nullify them and create a number of chances ourselves.
“Overall, we were disappointed to only come away with a draw, we had a number of efforts, good possession but we were unable to find the final touches that we found in the FA Youth Cup at Upton Park.
“Although Shaq didn’t score, his composure and build-up play was a constant threat. He was outstanding and so was Harry Winks, he played his best game for us so far, energetic, purposeful, and tidied the game up for us."
Spurs U18s: McGee; Ward, Ball, Dombaxe, Ogilvie; Bentaleb, Winks, Lameiras; Michael-Percil (Oduwa, 58), McEvoy (Akindayini, 77), Coulthirst. Unused subs: Priestley, Sonupe, McEneff.
The lads found Wolves goalkeeper Jonathan Flatt in fine form, producing a number of saves, but as Academy Manager John McDermott pointed out, it wasn’t one-way traffic and LukeMcGee in the Spurs goal was also forced into action.