Topological superconductivity is an exotic phase of matter in which the fully gapped superconducting bulk hosts gapless Majorana surface states protected by topology. Intercalation of copper, strontium or niobium between the quintuple layers of the topological insulator Bi$_2$Se$_3$ increases the carrier density and leads to superconductivity that is suggested to be topological. Here we study the electronic structure of strontium-intercalated Bi$_2$Se$_3$ using angle resolved photoemission spectroscopy (ARPES) and Shubnikov-de Haas (SdH) oscillations. Despite the apparent low Hall number of $sim2 times 10 ^{19}$cm$^{-3}$, we show that the Fermi surface is shaped as an open cylinder with a larger carrier density of $sim 10 ^{20}$cm$^{-3}$. We suggest that superconductivity in intercalated Bi$_2$Se$_3$ emerges with the appearance of a quasi-2D open Fermi surface.
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