Wolverhampton Wanderers 0 Ipswich 0: Match report
Mick McCarthy's side were seeing plenty of possession as the first half wore on but their inability to produce a quality final ball was thwarting their efforts every time they ventured forward.
Wolves were missing the creative contributions of Michael Kightly down the right, with the England Under-21 international restricted to a place on the bench due to a slight hamstring strain.
Reid came within inches of breaking the deadlock with a free-kick from 30 yards but both sides brought a disappointing opening 45 minutes to a goalless close.
Kightly was introduced at half-time in place of the ineffective Reid but the second half continued in much the same fashion as the first.
Wayne Hennessey was merely a spectator in the Wolves goal while the hosts huffed and puffed at the other end.
Wanderers almost took the lead just before the hour mark when Ebanks-Blake struck the bar after the ball broke to him the area, while Kightly could only fire the rebound wide.
The chance seemed to lift spirits inside Molineux but it did not last long.
Jody Craddock had to steer substitute Stead's goalbound effort to safety in the closing stages after a mix-up in the home defence.
Tommy Miller then fired over for the visitors in stoppage-time but the majority of the 22,227 crowd were left disappointed at the full-time whistle.