$re = '/from IP=(?P<IP>[^:]+?).*?\(IP=(?P<IP_2>[^:])/';
$str = 'Dec 15 10:13:27 ldap1 slapd[50625]: conn=12341234 fd=207 ACCEPT from IP=192.168.1.111:34792 (IP=0.0.0.0:389)';
preg_match($re, $str, $matches, PREG_OFFSET_CAPTURE, 0);
// Print the entire match result
var_dump($matches);
Please keep in mind that these code samples are automatically generated and are not guaranteed to work. If you find any syntax errors, feel free to submit a bug report. For a full regex reference for PHP, please visit: http://php.net/manual/en/ref.pcre.php