Stranraer failed to fully take advantage of Scottish Third Division leaders Alloa's defeat after being held to a draw against Peterhead.
Craig Malcolm struck in the first minute to give the visitors the lead.
But Peterhead levelled before half-time, Rory McAllister converting a penalty after Graeme Sharp had been brought down by Scott Taggart.
McAllister struck the post after the break and Dennis Wyness also went close for the hosts before the end.
Peterhead: Jarvie (Jellema 86), Donald, Scott Ross, MacDonald, McBain, Sharp (David Ross 75), Redman, Strachan, Deasley (Wyness 73), McAllister, Bavidge. Subs Not Used: Davidson, Ross Smith.
Booked: MacDonald, Redman, Strachan.
Goals: McAllister 42 pen.
Stranraer: David Mitchell, Kane, McGregor, McKeown, Noble, Taggart, Stirling, Christopher Aitken (Winter 68), Gallagher, Malcolm (Moore 77), Grehan (Stuart McColm 78). Subs Not Used: Marshall, Shepherd.
Booked: Christopher Aitken.
Goals: Malcolm 1.
Ref: Stephen Finnie