Parsing a Wikipedia dump
It looks like you really want to be able to parse MediaWiki markup. There is a python library designed for this purpose called mwlib. You can use python's built-in XML packages to extract the page content from the API's response, then pass that content into mwlib's parser to produce an object representation that you can browse and analyse in code to extract the information you want. mwlib is BSD licensed.
I described how to do this using a combination of pywikibot and mwparserfromhell in this post (don't have enough reputation yet to flag as a duplicate).
In [1]: import mwparserfromhell
In [2]: import pywikibot
In [3]: enwp = pywikibot.Site('en','wikipedia')
In [4]: page = pywikibot.Page(enwp, 'Waking Life')
In [5]: wikitext = page.get()
In [6]: wikicode = mwparserfromhell.parse(wikitext)
In [7]: templates = wikicode.filter_templates()
In [8]: templates?
Type: list
String Form:[u'{{Use mdy dates|date=September 2012}}', u"{{Infobox film\n| name = Waking Life\n| im <...> critic film|waking-life|Waking Life}}', u'{{Richard Linklater}}', u'{{DEFAULTSORT:Waking Life}}']
Length: 31
Docstring:
list() -> new empty list
list(iterable) -> new list initialized from iterable's items
In [10]: templates[:2]
Out[10]:
[u'{{Use mdy dates|date=September 2012}}',
u"{{Infobox film\n| name = Waking Life\n| image = Waking-Life-Poster.jpg\n| image_size = 220px\n| alt =\n| caption = Theatrical release poster\n| director = [[Richard Linklater]]\n| producer = [[Tommy Pallotta]]<br />[[Jonah Smith]]<br />Anne Walker-McBay<br />Palmer West\n| writer = Richard Linklater\n| starring = [[Wiley Wiggins]]\n| music = Glover Gill\n| cinematography = Richard Linklater<br />[[Tommy Pallotta]]\n| editing = Sandra Adair\n| studio = [[Thousand Words]]\n| distributor = [[Fox Searchlight Pictures]]\n| released = {{Film date|2001|01|23|[[Sundance Film Festival|Sundance]]|2001|10|19|United States}}\n| runtime = 101 minutes<!--Theatrical runtime: 100:40--><ref>{{cite web |title=''WAKING LIFE'' (15) |url=http://www.bbfc.co.uk/releases/waking-life-2002-3|work=[[British Board of Film Classification]]|date=September 19, 2001|accessdate=May 6, 2013}}</ref>\n| country = United States\n| language = English\n| budget =\n| gross = $3,176,880<ref>{{cite web|title=''Waking Life'' (2001)|work=[[Box Office Mojo]] |url=http://www.boxofficemojo.com/movies/?id=wakinglife.htm|accessdate=March 20, 2010}}</ref>\n}}"]
In [11]: infobox_film = templates[1]
In [12]: for param in infobox_film.params:
print param.name, param.value
name Waking Life
image Waking-Life-Poster.jpg
image_size 220px
alt
caption Theatrical release poster
director [[Richard Linklater]]
producer [[Tommy Pallotta]]<br />[[Jonah Smith]]<br />Anne Walker-McBay<br />Palmer West
writer Richard Linklater
starring [[Wiley Wiggins]]
music Glover Gill
cinematography Richard Linklater<br />[[Tommy Pallotta]]
editing Sandra Adair
studio [[Thousand Words]]
distributor [[Fox Searchlight Pictures]]
released {{Film date|2001|01|23|[[Sundance Film Festival|Sundance]]|2001|10|19|United States}}
runtime 101 minutes<!--Theatrical runtime: 100:40--><ref>{{cite web |title=''WAKING LIFE'' (15) |url=http://www.bbfc.co.uk/releases/waking-life-2002-3|work=[[British Board of Film Classification]]|date=September 19, 2001|accessdate=May 6, 2013}}</ref>
country United States
language English
budget
gross $3,176,880<ref>{{cite web|title=''Waking Life'' (2001)|work=[[Box Office Mojo]] |url=http://www.boxofficemojo.com/movies/?id=wakinglife.htm|accessdate=March 20, 2010}}</ref>
Don't forget that params are mwparserfromhell objects too!