The 17-year-old joined Wolves in 2017, rising from the under-16 group to the under-18s, and has performed consistently under Steve Davis in recent months.
The Irishman has scored five goals in 14 under-18 Premier League appearances this term, including the opener in the under-18s’ final game before lockdown – a 1-1 draw with Derby County.
On the news, head of Academy, Scott Sellars, said: “It’s great news for Conor. I think in his first year he showed moments of quality, but was a bit inconsistent, and was challenged to be more consistent, and this year he’s worked really hard and showed his quality with some good performances and goals.
“For any young player, having one good game in six shows you have potential, but if you want to be professional, you have to perform in a professional manner, which is being consistent. Conor’s really risen to that challenge over the past six months and that’s why he’s got his contract.
“Conor could let things get to him on the pitch, and sometimes it would affect his performance, but we’re seeing him mature. Sometimes you want them to work it out – your job is to guide and help them at staff, but he’s recognised it and got his just rewards.
“You have to reward players when they earn it and we feel with his performances, behaviour and attitude, he now looks like a professional footballer.”
Under-18 coach Davis added: “Conor’s second year has been a lot better. He’s scored more goals and looked more dangerous. We’ve done work on his movement around the box, trying to get him to work on his weaker foot, and his work ethic’s been really good.
“He’s always had that desire to work hard, but picked his moments to do it – he wasn’t consistent with it. Consistency has made a difference to him, he’s grown up and realised how important it is to his game. He can be a threat and give defenders a nightmare when he’s up for it.
“A lot of his movement was taking him too far from goal, so for him the important thing was being around the box and be more dangerous. There’s also been a lot more development in term of his hold-up play and he seems to have turned the corner with that.
“He’s got to work himself into the under-23s. He’s found a level of consistency with the under-18s this year, so he’s got to be even better, so we’ll see how he progresses there. He’s still got a lot to do, but he’s shown a real desire to improve and has earned the contract.”