After a poor start to the game, Motherwell took the lead in the 18th minute through Darren Smith who got on to the end of a great move to score from close range.
The build up had seen Jamie Paterson play a great ball for Scott McDonald on the left and his cross left Smith with an easy chance.
Well made it two with seven minutes left of the half when Paul Quinn made space at the edge of the box before sliding a ball through for McDonald, who rounded Kasper Schmeichel before firing into the net from an acute angle.
The opening minutes of the second half were action packed with Schmeichel keeping his side in the game as he kept out a Paul Keegan header at his left-hand post.
This was to be crucial as within two minutes the Bairns were level as firstly Alan Gow played in Thomas Scobbie who drilled a low shot through the legs of Graeme Smith.
Then a minute later a long clearance from Jack Ross was headed past his own keeper by Well defender Stephen Craigan.
Five minutes later the visitors were ahead when a Russell Latapy free-kick was headed into the path of Liam Craig, who drilled low into the bottom right-hand corner of the net.
The lead only lasted three minutes as Well equalised when substitute David Clarkson scored with his first touch when he turned in a McDonald pass from the left with a crisp left-foot strike.
In the end neither side will be happy with a point apiece after both had been in the lead at one stage of the game.