$re = '/INIT\s*--\s*(?<label>\w+)\n
\s+UP:\s*(?<up>\d+)\n
(?<uplines>(?:\s+(?!\s*DOWN).*\n)*)
\s+DOWN:\s*(?<down>\d+)\n
(?<downlines>(?:\s+(?!\s*INIT).*\n)*)/x';
$str = ' INIT -- FOO
UP: 1
UpLine #1
DOWN: 2
DownLine #1
DownLine #2
INIT -- BAR
UP: 0
DOWN: 2
DownLine #1
DownLine #2
';
preg_match_all($re, $str, $matches, PREG_SET_ORDER, 0);
// Print the entire match result
var_dump($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